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Proposed combination with abrdn China Investment Company Ltd

As announced on 28 November 2023, the Board of Fidelity China Special Situations PLC ("FCSS") has agreed heads of terms with the board of abrdn China Investment Company Limited ("ACIC") in respect of a proposed combination of the assets of FCSS with the assets of ACIC to be effected by way of a Guernsey scheme of reconstruction and members' voluntary winding up of ACIC (the "Scheme") and the associated transfer of part of the cash, assets and undertaking of ACIC to FCSS in exchange for the issue of new ordinary shares in FCSS to ACIC shareholders who are deemed to have elected for the rollover option under the Scheme (the "Issue") (together, the "Proposals").

The prospectus in relation to the Issue (the "Prospectus") and the circular convening a general meeting of FCSS to seek approval from FCSS shareholders for the implementation of the Proposals, along with all documents incorporated by reference into the Prospectus, can be accessed using the links below.