Portfolio Update

Fidelity Special Values PLC

2 June 2014

Pursuant to Listing Rule LR 15.6.8R, Fidelity Special Values PLC announces
that, as at 31 May 2014, its investments in other listed investment companies
(including listed investment trusts) which themselves do not have stated
investment policies to invest no more than 15% of their total assets in other
listed investment companies (including listed investment trusts) were as
follows:-

Name of Security                            % of gross assets

Marwyn Value Investors                      0.32

Electra Private Equity                      0.70



Contact for queries:
Name: Christopher Pirnie, FIL Investments International
Telephone: [phone]