Holding in Company

Fidelity Japanese Values PLC
28 November 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Fidelity Japanese Values PLC

2   Name of shareholder having a major interest:
United Assurance Group plc

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Chase Nominees Limited

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ordinary shares

10  Date of transaction:
Not known

11  Date company informed:
28 November 2000

12  Total holding following this notification:
2,625,000

13  Total percentage holding of issued class following this notification:
2.53%

14  Contact name for queries:
Barbara Powley

15 Contact telephone number:
01737 836883

16  Name of company official responsible for making notification:
Barbara Powley

17  Date of notification:
28 November 2000




Additional Information:
The Company no longer has a notifiable interest in the shares of Fidelity
Japanese Values PLC.