Holding(s) in Company

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Exova Group PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

✓

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Mubadala Development Company PJSC and its subsidiary undertakings

4. Full name of shareholder(s)  (if different from 3.):iv

Fifty Second Investment Company LLC (a company incorporated in Abu Dhabi with commercial license number 1192754)

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

1 October 2014

6. Date on which issuer notified:

2 October 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

From below 4% to above 4%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares of £0.01 each

GB00BKY7HG11

8,663,840

8,663,840

0

0

10,733,785

0

4.29%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,733,785

4.29%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

The voting rights are indirectly managed and controlled by Mubadala Development Company PJSC through Fifty Second Investment Company LLC under the following chain of controlled undertakings:

· Mubadala Development Company PJSC (parent)

· MDC Capital LLC (majority owned subsidiary of Mubadala Development Company PJSC)

· Fifty First Investment Company LLC (majority owned subsidiary of MDC Capital LLC)

· Fifty Second Investment Company LLC (majority owned subsidiary of Fifty First Investment Company LLC)

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Khaled Awad

15. Contact telephone number:

+971 2 413 1819

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Mubadala Development Company PJSC

Contact address

(registered office for legal entities)

Mubadala

PO Box 45005

Abu Dhabi

United Arab Emirates

Phone number & email

+971 2 413 1819

[email protected]

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Quoc Tran

Allen & Overy LLP

Contact address

One Bishops Square

London E1 6AD

Phone number & email

020 3088 3265

[email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Legal advisors

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.