Interim Management Statement

FIDELITY CHINA SPECIAL SITUATIONS PLC - INTERIM MANAGEMENT STATEMENT FOR THE    
QUARTER ENDED 30 JUNE 2013                                                      
                                                                                
Issued pursuant to the requirements of Chapter 4 of the Disclosure and          
Transparency Rules                                                              
                                                                                
Objective                                                                       
                                                                                
Fidelity China Special Situations PLC is focused on the long-term growth        
potential of China. The portfolio is made up primarily of securities issued by  
companies listed in China or Hong Kong and Chinese companies listed elsewhere.  
It may also invest in listed companies with significant interest in China and   
Hong Kong.                                                                      
                                                                                
Benchmark                                                                       
                                                                                
MSCI China Index (Sterling Equivalent)                                          
                                                                                
Review of Period (total return)                                                 
                                                                                
During the period:                                                              
                                                                                
- the NAV decreased by 3.19% (debt at par) against a 6.65% decrease for the     
benchmark.                                                                      
                                                                                
- the share price decreased by 6.79%.                                           
                                                                                
- main portfolio changes are detailed in the top ten holdings below             
                                                                                
Gearing was 20.79% on 30 June 2013.                                             
                                                                                
Material transactions                                                           
                                                                                
- During the period 21,720,000 shares were repurchased for cancellation.        
                                                                                
- Since the quarter end 16,220,000 shares have been repurchased for             
cancellation.                                                                   
                                                                                
Material Events                                                                 
                                                                                
The Annual Report as at 31 March 2012 was published on 24 June 2012.            
                                                                                
The Annual General Meeting of the Company was held on 24 July 2013 at which all 
resolutions were passed.                                                        
                                                                                
Additional Information                                                          
                                                                                
Details of the Company                          Dealing Information             
                                                                                
Fund       Anthony Bolton                       Listed:           London Stock  
Manager:                                                          Exchange      
                                                                                
Enquiries: 08457 100 456                        Broker:           Cenkos        
                                                                                
WWW        www.fidelity.co.uk                   Price Quoted:     Financial     
Address:   /its                                                   Times         
                                                                                
           Copies of major                                                      
           announcements and                                                    
           documentation                                                        
           relating to the                                                      
           Company may be                                                       
           found on the                                                         
           website                                                              
                                                                                
Launch     19 April 2010                        Reuters Code:     FCSS          
Date:                                                                           
                                                                                
           As at 30 June 2013 As at 7 August    SEAQ Code:        B62Z3C7       
                              2013                                              
                                                                                
Ordinary   631,509,480        615,289,480       ISIN:             GB00B62Z3C74  
Shares In                                                                       
Issue:                                                                          
                                                                                
Share      8.77%              5.73%             Registered office               
price                                                                           
discount                                                                        
to NAV:                                                                         
                                                                                
Total      £692.4m            £710.7m           Beech Gate                      
Assets:                                                                         
                                                Millfield Lane                  
Loan:      £98.6m             £96.7m                                            
                                                Lower Kingswood                 
Total Net  £593.8m            £614.0m                                           
Assets:                                         Tadworth                        
                                                                                
Gross      £715.9m            £756.2m           Surrey KT20 6RP                 
Asset                                                                           
Exposure:                                                                       
                                                                                
Gearing:   20.79%             23.29%                                            
                                                                                
The Company's net asset value per share is announced daily and may be found on  
the Stock Exchange website www.londonstockexchange.com                          
                                                                                
Portfolio Breakdowns                                                            
                                                                                
Industry      As at 30   As at 31      Largest 10       As at 30 June As at 31  
Analysis (%   June 2013  March 2013    Holdings (%      2013          March 2013
total assets)                          total assets)                            
                                                                                
Financials    25.0       26.1          Tencent Holdings 4.4           4.7       
                                                                                
IT            23.9       19.9          Ping An          4.3           4.2       
                                       Insurance                                
                                                                                
Consumer      21.0       26.2          AIA Group        3.6           3.5       
Discretionary                                                                   
                                                                                
Health Care   11.0       11.7          Wing Hang Bank   3.2           3.0       
                                       Limited                                  
                                                                                
Industrials   5.8        4.6           HSBC Holdings    2.7           2.5       
                                       PLC                                      
                                                                                
Energy        4.4        3.8           Asiainfo-Linkage 2.7           2.6       
                                                                                
Utilities     2.4        1.8           Wuxi Pharma Tech 2.7           -         
                                       **                                       
                                                                                
Consumer      2.4        1.8           Sina China**     2.6           -         
Staples                                                                         
                                                                                
Telecoms      1.1        -             Citic Securities 2.5           3.0       
                                       Company Limited                          
                                                                                
Materials     0.2        -             21 Vianet Group* 2.4           -         
                                       *                                        
                                                                                
Other         -          2.2           Alibaba Group*   -             2.1       
                                                                                
Cash          -          1.3           Saic Motor       -             2.1       
                                       Corporation*                             
                                                                                
                                       Rexlot Holdings* -             2.1       
                                                                                
                                       * Not currently in the top 10 holdings   
                                                                                
                                       ** Not in the top 10 holdings as at 31   
                                       March 2013                               

                 Price at 30 Quarter to 30 Quarter to 31 1 Year to  3 Years to 
                 June 2013   June 2013     March 2013    30 June    30 June    
                 (p)                                     2013       2013       
                                                                               
NAV (debt at     93.99       -3.19             13.02       20.95       1.58    
par)                                                                           
                                                                               
Ordinary Share   85.75       -6.79             9.00        14.90      -12.04   
price                                                                          
                                                                               
Benchmark Index              -6.65             2.19         8.74       -2.00   
                                                                               

As at 7 August 2013 the Company's NAV per share was 99.71p (debt at par) and
the Company's share price was 94.00p per share.

By order of the Board

Anchna Devi

For and on behalf of FIL Investments International

Company Secretary

8 August 2013

Past performance is not a guide to future returns. The value of investments can
go down as well as up. For funds that invest in overseas markets, changes in
currency exchange rates may affect the value of an investment. Investments in
small and emerging markets can be more volatile than other more developed
markets. Source of performance: Fidelity and Datastream as at 30 June 2013.
Basis: bid-bid with net income reinvested. Fidelity only gives information
about its own products and services and does not provide investment advice
based on individual circumstances.