Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 06 November 2008
repurchased for cancellation 41,500 of its own shares at a price of 948.17
pence per share. The total number of shares now in issue is 54,951,410.

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

06 November 2008