Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 31 October 2006 repurchased 24,789 of its own shares for cancellation at a price of 1,148.2 pence per share. The total number of shares now in issue is 62,793,944. Rebecca Burtonwood For and on behalf of Fidelity Investments International, Company Secretary 1 November 2006
UK 100

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