Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 7 March 2008
repurchased for cancellation 23,000 of its own shares at a price of 1211.0
pence per share. The total number of shares now in issue is 57,606,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International

Company Secretary

01737 836869

7 March 2008