Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 4 January 2008
repurchased for cancellation 52,000 of its own shares at a price of 1352.8
pence per share. The total number of shares now in issue is 58,804,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

4 January 2008