Issue of Equity

Fidelity Japanese Values PLC

Fidelity Japanese Values PLC announces that on 2 May 2012 the Company issued
and allotted 1,941 ordinary 25p shares with effect from 30 April 2012 in
respect of shares arising on the exercise of the conversion rights attaching to
subscription shares.

The total issued ordinary share capital is now 97,455,578.

The conversion rights attaching to a total of 17,237,256 subscription shares
have not yet been exercised.

Rebecca Burtonwood

FIL Investments International, Company Secretary

01737 836869

 

2 May 2012