Fidelity Special Values PLC (the Company)                   

                              Transactions in own shares                           

    The Board of Fidelity Special Values PLC ("the Company") announces that on 24
    October 2016 the Company bought into Treasury 100,000 of its own shares at a
    price of 200.32 pence per share. 

    The Company's issued ordinary share capital is 270,644,480 shares of which
    5,820,000 shares are held in Treasury, which attract no voting rights.

    Therefore, the total number of voting rights in the Company is now 264,824,480.

    The above figure (264,824,480) may be used by shareholders as the denominator
    for the calculations by which they will determine if they are required to
    notify their interest in, or a change to their interest in, the Company under
    the FCA's Disclosure and Transparency Rules.

    Christopher Pirnie

    For and on behalf of FIL Investments International

    Company Secretary

    01737 837929

    24 October 2016