Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 24 March 2011
repurchased for cancellation 50,000 of its own shares at a price of 1151.1
pence per share. The total number of shares now in issue is 48,994,986.

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

24 March 2011