Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 9 May 2008
repurchased for cancellation 37,000 of its own shares at a price of 1357.3
pence per share. The total number of shares now in issue is 56,230,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International

Company Secretary

01737 836869

9 May 2008