Result of AGM

Fidelity Japanese Values PLC

At the Company's Annual General Meeting held on 14 May 2008, all resolutions
were duly passed. The resolutions passed under Special Business were as
follows:

- To renew the Directors' authority to allot a limited number of currently
unissued ordinary shares for cash,

- and to issue such shares without first offering them to existing ordinary
shareholders pro-rata to their existing holdings.

- The Company's authority to purchase up to 14,364,535 of its own shares for
cancellation has been renewed. This represents approximately 14.99% of the
number of ordinary shares in issue on 19 March 2008.

- The adoption of revised Articles of Association.

Contact for queries:

Name: Mrs Tracey Cousins, Fidelity Investments International

Telephone: [phone]