Directors' Dealings

Fidelity Special Values PLC
21 December 1999


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Fidelity Special Values PLC

2   Name of director:
Douglas Kinloch Anderson

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


4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Fidelity Nominee (Shareholdings) Limited GENPEP Acct           1,580
Fidelity Nominee (Shareholdings) Limited GENPEP Acct           4,270
IRG Trustees Limited FSP Account                               7,007
Douglas Kinloch Anderson Esq                                   1,000
Mrs Deirdre Anne Kinloch Anderson                              2,500

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):


6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Director - general PEP
Spouse - beneficial holding

7   Number of shares/amount of stock acquired:
75

8   Percentage of issued class:
0.00%

9   Number of shares/amount of stock disposed:


10  Percentage of issued class:


11  Class of security:
ordinary shares

12  Price per share:
175.00p

13  Date of transaction:
21 December 1999

14  Date company informed:
21 December 1999

15  Total holding following this notification:
16,357

16  Total percentage holding of issued class following this notification:
0.05%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
Barbara Powley

24  Contact telephone number:
01737 836883

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





Additional Information:
The total holding includes an additional 9 shares that were purchased on 24
May 1999 in respect of a tax credit.  The price paid per share was 144.00p.