Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 23 August 2011
repurchased for cancellation 100,000 of its own shares at a price of 1005.75
pence per share. The total number of shares now in issue is 47,164,555.

Anchna Devi

For and on behalf of FIL Investments International

Company Secretary

01737 837132

23 August 2011