FJV Fidelity Japan Trust Plc

Daily NAV Announcement

Fidelity Japanese Values PLC

The net asset values (unaudited) for the above company as at close of business
on 05-05-2015 were:

Undiluted              94.40p

Diluted                93.09p

The above net asset value was calculated on a "cum" income basis in accordance
with applicable accounting standards and AIC recommendations.  The AIC
publishes the Company's "ex income" net asset value on a monthly basis.