Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 18 March 2008
repurchased for cancellation 14,000 of its own shares at a price of 1217.2
pence per share. The total number of shares now in issue is 57,166,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International

Company Secretary

01737 836869

18 March 2008