Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 8 May 2007,
repurchased 66,947 of its own shares for cancellation at a price of 611.91
pence per share. The total number of shares now in issue is 62,770,460.

Miss Tracey A Bennett

For and on behalf of Fidelity Investments International,

Company Secretary

8 May 2007