Holding(s) in Company

Fidelity Japanese Values PLC
18 January 2002

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

     Fidelity Japanese Values PLC


2) Name of shareholder having a major interest

     Prudential plc (M&G Investment Management Limited)

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

     As above

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

     Not disclosed

5) Number of shares/amount of stock acquired

     N/A

6) Percentage of issued class

     N/A

7) Number of shares/amount of stock disposed

     Not disclosed

8) Percentage of issued class

     Not disclosed

9) Class of security

     Ordinary 25p shares

10) Date of transaction

     17 January 2002

11) Date company informed

     18 January 2002

12) Total holding following this notification

     Total holding not disclosed as there is no longer a notifiable interest
in the Company's shares.

13) Total percentage holding of issued class following this notification

     Not disclosed

14) Any additional information



15) Name of contact and telephone number for queries

     Julie Bamford

Fidelity Investments International - Company Secretary

Tel: [phone]

16) Name and signature of authorised company official responsible for
making this notification

Date of notification 18 January 2002