Fidelity Special Values PLC

11 November 2003

Annual Report for the year to 31 August 2003

Copies of the above document have been submitted to the UK Listing Authority,
and are available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel: 020 7676 1000



END