Subscription Share Issue

Fidelity Japanese Values PLC ("the Company")

The Company announces that on 4 February 2015 it issued and allotted 1,000
ordinary 25p shares with effect from 31 January 2015 in respect of shares
arising on the exercise of the conversion rights attaching to subscription
shares.

The total issued ordinary share capital is now 114,003,375. Therefore, the
total number of voting rights in the Company is also 114,003,375.

The conversion rights attaching to the remaining total of 22,742,320
subscription shares have not yet been exercised.

Natalia de Sousa

FIL Investments International, Company Secretary

01737 837132

 

4 February 2015