FIDELITY EMERGING MARKETS LIMITED (the 'Company')

Legal Entity Identifier: 213800HWWQPUJ4K1GS84

TRANSACTION IN OWN SHARES

The Board of the Company announces that it has repurchased
for cancellation.

Number of shares repurchased:               29,232

Date of transaction:                        18 December 2025

Average share price paid per share (GBp):   1008.490

Lowest share price paid per share (GBp):    1006.000

Highest share price paid per share (GBp):   1010.000

Following this transaction the Company has:

Issued Share Capital:                       53,764,693

Total Shares held in Treasury:              9,025,940

Total Voting Rights:                        44,738,754

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