Compliance with Model Code

Fidelity Japanese Values PLC

Transactions in a close period - Listing Rule 15.5.1

Pursuant to LR15.5.1(4) the Company is satisfied that all inside information
which the Directors and the Company may have in the period leading up to the
announcement of the Company's annual results for the year to 31 December 2013
has previously been notified to PRNewswire (a Regulated Information Service).

Christopher Pirnie
For and on behalf of FIL Investments International
Company Secretary
01737 837929

2 January 2014