Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 10 January 2008
repurchased for cancellation 25,000 of its own shares at a price of 1353.5
pence per share. The total number of shares now in issue is 58,721,751.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

10 January 2008