Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 12 December 2007
repurchased for cancellation 138,000 of its own shares at a price of 1332 pence
per share. The total number of shares now in issue is 59,539,551.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

12 December 2007