Issue of Equity

Fidelity Special Values PLC 5 April 2001 Fidelity Special Values PLC announces that on 5 April 2001 the Company allotted 18,848 ordinary 25p shares at a price of 261 pence per share (which represented a premium in excess of 2% over the latest diluted net asset value). This was in respect of shares purchased through the Fidelity Investment Trust ISA. The new shares will rank pari passu with existing ordinary 25p shares. The total number of ordinary 25p shares now in issue is 35,919,628.
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