FIDELITY EMERGING MARKETS LIMITED (the 'Company')

Legal Entity Identifier: 213800HWWQPUJ4K1GS84

TRANSACTION IN OWN SHARES

The Board of the Company announces that it has bought into
Treasury.

Number of shares repurchased:                      137,699

Date of transaction:                               21 May 2025

Average share price paid per share (GBp):          734.908

Lowest share price paid per share (GBp):           733.000

Highest share price paid per share (GBp):          736.000

Following this transaction the Company has:

Issued Share Capital:                              77,568,185

Total Shares held in Treasury:                     12,164,220

Total Voting Rights:                               65,403,965

Notes:

1. The above total voting rights figure 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 Guidance and Transparency Rules.

2. The Company's issued share capital held in Treasury attract
no voting rights.

Contact:

George Bayer

For and on behalf of FIL Investments International

Company Secretary

020 7961 4240