Interim Management Statement

15 November 2013 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 1July 2013 to the date of this announcement. Net debt The Company's net debt at 30 September 2013 rose to £44.2 million from £37.9million at 30 June 2013, following the £4.9 million drawdown of remainingcommitments to co-invest alongside the Candover 2005 Fund. Portfolio valuation Candover's investment portfolio was last valued as of 30 June 2013, with aresultant net asset value per share of 627p. The next valuation of the Company's assets will be conducted as of 31 December2013. Consistent with its valuation policy, the Company will continue to applyearnings based valuations to portfolio businesses and will appropriately valueany carried interest of the Company in the Candover Funds. Over the course of Q3 2013, the net effect of currency movements on net assetvalue was not material. Follow-on investment and realisation activity Since 30 June 2013, Candover has invested £4.9 million alongside the Candover2005 Fund to provide follow-on funding for Parques Reunidos and Stork. During the third quarter of the year, one of the three remaining investments inthe Candover 2001 Fund was realised. Qioptiq, a world leader in the manufactureof high precision optical components, modules and solutions for military andcivil applications, was sold to Excelitas Technologies on 30 September 2013.The transaction completed on 1 November 2013. Candover's initial proceeds, including carried interest, were €13.6 millionwith further proceeds of €1.2 million expected to be received by 31 January2014. In addition, up to €1.0 million held in escrow may be receivable by theCompany in the event certain criteria are met. Outstanding commitments As at 30 June 2013, the Company had outstanding commitments to co-investmentsalongside the Candover 2005 Fund of £6.2 million which reduced to £1.3 millionas a result of the follow-on investment noted above. The Company's remainingcommitment to the Candover 2005 Fund lapsed on 26 August 2013. Performance of the portfolio Trading in the residual portfolio of companies has continued to improvesteadily during the year. Aggregate LTM turnover increased by 3.4% during the12 months to 30 September 2013 with aggregate LTM earnings increasing by 3.8%over the same period. Trading at Expro International, the international oilfield services business,continues to be buoyant with LTM revenues and EBITDA significantly ahead ofprior year for the twelve months to 30 September 2013. Ends. For further information, please contact: Candover Investments plcMalcolm Fallen, CEO +44 20 7489 9848