Acquisition of certain trade and assets

3 June 2010

AVEVA Group plc

Acquisition of certain trade and assets from ADB Systemer AS

AVEVA Group plc ("AVEVA" ; stock code : AVV), one of the world's leading providers of engineering design and information management solutions, today announces the acquisition of certain trade and assets from ADB Systemer AS ("ADB"), a Norwegian company for approximately £4.4 million. The acquisition is being funded from existing cash resources. The software products and service capability of the ADB acquisition extends AVEVA's ability to deliver information integrity solutions to owner operators in the Oil and Gas industry.

AVEVA Solutions Limited (a 100% subsidiary of AVEVA Group plc) and AVEVA AS (a 100% subsidiary of AVEVA Solutions Limited) have acquired certain trade and assets from ADB ("ADB's Oil and Gas Business") for approximately £4.4 million (NOK 40.0 million). ADB's Oil and Gas business provides operations integrity management solutions to the Oil and Gas industry and AVEVA has acquired the software intellectual property, customer contracts, staff and certain fixed assets.

The ADB Oil & Gas business includes a team of experienced industry professionals, which for more than 20 years has provided plant operators with a comprehensive suite of world class solutions that deliver information integrity for the effective management and control of complex plant environments. The acquisition includes the WorkMate product suite which both complements and extends the capability of AVEVA NET in the plant operations arena. The ADB product suite will be sold through AVEVA's direct sales force.

The acquisition is expected to complete on 30 June 2010.

Commenting on the acquisition, Richard Longdon, Chief Executive said "This strategic acquisition builds on an already successful partnership with ADB Systemer AS and is the obvious next step. AVEVA's investment brings together world class technologies, and provides us with the opportunity to further extend our AVEVA NET capabilities and the value we bring to our Oil and Gas and other Plant customers through a comprehensive integrated solution for the operation and management of their assets."

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