Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 27 May 2008,
repurchased 75,000 of its own shares for cancellation at a price of 520 pence
per share. The total number of ordinary shares now in issue is 56,917,003.

Mrs Tracey Cousins

For and on behalf of Fidelity Investments International

Company Secretary

01737 836 883

27 May 2008