Transaction in Own Shares

Fidelity Special Values PLC announces that the Company on 16 May 2011
repurchased for cancellation 70,000 of its own shares at a price of 572.25
pence per share. The total number of ordinary shares now in issue is
56,618,896.

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

16 May 2011