Result of AGM

Fidelity Japanese Values PLC

At the Company's Annual General Meeting held on 13 May 2010, 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 ordinary shares arising on the exercise
of the conversion rights attaching to the subscription shares,

- 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 14,335,900 of its own ordinary
shares and 2,856,000 subscription shares for cancellation has been renewed.
This represents approximately 14.99% of each of the number of ordinary and
subscription shares in issue on 15 March 2010.

- That the Company continue to carry on in business as an investment trust.

- Amendments were made to the Company's Articles of Association.

Proxy results will shortly be available on www.fidelity.co.uk/its

Contact for queries:

Name: Rebecca Burtonwood, FIL Investments International, Company Secretary

Telephone: [phone]