Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 8 January 2008
repurchased for cancellation 32,000 of its own shares at a price of 1359.6
pence per share. The total number of shares now in issue is 58,746,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

8 January 2008