Interim Management Statement

12 May 2014 Candover Investments plc - Interim Management Statement Candover Investments plc (`Candover' or the `Company') today issues its InterimManagement Statement in accordance with FCA Disclosure and Transparency Rule4.3. This statement which, as usual, is unaudited, relates to the period from 1January 2014 to the date of this announcement. Portfolio valuation and net debt Candover's investment portfolio was last valued as of 31 December 2013, with anet asset value per share of 715p. The next valuation of the Company's assetswill be conducted as of 30 June 2014. Consistent with its valuation policy theCompany will continue to apply earnings based valuations to portfoliobusinesses and will appropriately value the carried interest of the Company inthe Candover Funds. Over the course of the first quarter of 2014, the net effect of currencymovements on the value of the portfolio has been to reduce its value byapproximately £1.7 million, following appreciation of Sterling relative to theEuro and US dollar. Net debt at 31 March 2014 was £45.1 million, a reduction of £2.6 million duringthe first quarter of 2014. This reflected the inflow from the realisation ofCandover's investment in DX (Group) plc ("DX"), the favourable impact on netdebt of the appreciation of Sterling relative to the US dollar offset by theCompany's running costs. On 28 April 2014 the disposal of Innovia wasannounced, the proceeds of which will reduce the Company's net debt byapproximately £16.8 million. Realisation activity During Q1 2014 Candover received £3.4 million following the flotation of DX, aCandover 2005 Fund investment. In respect of the Candover 2001 Fund, Arle hasmade significant progress in bringing the Fund to a close, with the disposal ofInnovia announced in April and Vodafone announcing in March 2014 that it wouldacquire ONO, subject to regulatory clearances. The disposal of ONO, the lastinvestment held by the 2001 Fund, if completed, will deliver proceeds ofapproximately £5.5 million to Candover. Portfolio update and trading The five largest investments, comprising Expro International (`Expro'), ParquesReunidos, Stork BV, Technogym and Hilding Anders, together represent 96% of theoverall value of the portfolio, excluding carried interest. The portfolio as a whole continues to perform well and on a rolling Last TwelveMonths, or `LTM', basis for the twelve months to 31 March 2014, the combinedearnings for the five largest investee companies increased by 5.9% compared tothe twelve months to 31 March 2013, and revenues rose by 2.7%. This representsan increase of respectively 0.5% and 2.8% compared to the LTM revenue and LTMEBITDA at 31 December 2013. In aggregate the five largest portfolio companiesde-leveraged by one-fifth of a turn of EBITDA over the twelve months to 31March 2014 to 5.7x. Both Stork Technical Services, part of Stork BV, and Expro have publicly listeddebt and will be publishing results to 31 March 2013, on 26 May and 28 Mayrespectively. Ends. For further information, please contact: Candover Investments plc

Malcolm Fallen, CEO +44 20 7489 9848