Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 18 May 2007,
repurchased 300,000 of its own shares for cancellation at a price of 612 pence
per share. The total number of shares now in issue is 62,470,460.

Miss Tracey A Bennett

For and on behalf of Fidelity Investments International,

Company Secretary

18 May 2007