Directorate Change

Further to the announcement made on 19 April 2010, the Board of Fidelity
Special Values PLC confirms that Lynn Ruddick has been appointed as Chairman of
the Board with effect from today's date, following the retirement of Alex
Hammond-Chambers as Director and Chairman on 8 July 2010.

Rebecca Burtonwood
FIL Investments International
Company Secretary
Tel: [phone]

9 July 2010