Portfolio Update

Fidelity European Values PLC

5 April 2013

Pursuant to Listing Rule LR 15.6.8R, Fidelity European Values PLC announces
that, as at 31 March 2013, its investments in other listed investment companies
(including listed investment trusts) which themselves do not have stated
investment policies to invest no more than 15% of their total assets in other
listed investment companies (including listed investment trusts) were as
follows:-

Name of Security % of gross assets

3i Group 2.156

Contact for queries:

Name: Jenny Thompson, FIL Investments International

Telephone: [phone]