Fidelity receives prestigious award for 7th consecutive year

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Fidelity International named leading pan-European fund management firm by Thomson Extel

Fidelity receives prestigious award for 7th consecutive year

Luxembourg, 18 June 2007 Fidelity International, the UK's largest mutual fund manager(1) has been named as the leading pan-European fund management firm in this year's Thomson Extel Awards.

Each year Thomson Extel sends out what is believed to be the largest professional survey of its kind to the worldwide financial community. The Thomson Extel survey this year polled 1,449 buyside firms, 128 Brokerage Houses, 490 Quoted Companies and 194 of the top 200 Asset Management Firms.(2)

Fidelity was voted the best buyside firm in 21 sectors out of a total of 31(3). The winning sectors were: Aerospace and Defence, Banks, Biotechnology, Capital Goods, Chemicals, Construction, Household Products, Insurance, Luxury Goods, Media, Metals and Mining, Oil and Gas, Retailers - Food, Retailers - Non Food, Semiconductors, Software & IT Services, Speciality & Other Finance, Telco Equipment/IT Hardware, Tobacco, Transport and Utilities.

Mario Frontini, fund manager of FF Italy and FF European Aggressive Fund, also picked up a third place in the leading pan-European fund management individual category.

Nicky Richards, Chief Investment Officer, commented: 'It is an outstanding accomplishment to have won this award for the 7th consecutive year. This award represents the continual quality of our in-house research process and the dedication of our investment professionals. To be considered the leading pan-European fund management firm by such a renowned survey is certainly a tribute.'

Fidelity International Limited ('FIL') and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US. The FIL Organisation manages a total of EUR 211.0 billion of assets (4).

- ENDS -

Notes to editors:

(1)Source: IMA, based on institutional and retail funds under management as at April 2007

(2)Source: Thomson Extel Surveys 2007

(3)This is based on the combined votes of quoted companies and sell-side firms.

(4)Source: Fidelity as at 31.03.07

This document is for financial press only and should not be passed to private investors. This document may not be reproduced or circulated without prior permission.

Fidelity/Fidelity International means Fidelity International Limited (FIL), established in Bermuda, and its subsidiary companies.

Past performance is not a guide to future returns. The value of investments and any income from them may go down as well as up and investor may not get back the amount invested.

Unless otherwise stated, data sourced from Fidelity's own research and all views expressed are those of the fidelity organisation. These views may no longer reflect Fidelity's position and may have already been acted upon.

This communication is not directed at, and must not be acted upon by persons inside the UK.

Issued by Fidelity Investments Luxembourg S.A, Kansallis House, Place de l'Etoile, BP2174, L-1021 Luxembourg and Fidelity Investments International, authorised and regulated in the UK by the Financial Services Authority. SSL 706022

For more information please contact:

Henk van Eldik

Tel 00 352 250 404 2262

[email protected]

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