Top 10 investments and holdings over 5%

Fidelity Special Values PLC

List of Top Ten Investments and all Holdings over 5% of Gross Assets at 29
February 2004, announced in accordance with Listing Rule 21.20 (l) (ii).

Security Description                         % Gross Assets
                                                           
ITV                                                     3.2
                                                           
Mmo2                                                    2.6
                                                           
Land Securities                                         2.4
                                                           
Standard Chartered                                      2.0
                                                           
Prudential                                              2.0
                                                           
Shire Pharmaceuticals                                   1.8
                                                           
Celltech Group                                          1.8
                                                           
Vodafone Group                                          1.6
                                                           
Amlin                                                   1.6
                                                           
Hilton Group                                            1.6
                                                           
TOTAL                                                  20.6