Interim Management Statement

7 July 2011

AVEVA Group plc

Interim Management Statement

AVEVA Group plc ('AVEVA'; stock code: AVV), one of the world's leading providers of engineering data and design IT systems, today announces its Interim Management Statement for the period from 1 April to date.

The trends previously highlighted in our geographies and end user markets have continued with further growth in revenue, order backlog and a strengthening pipeline of opportunities.

The Oil and Gas sector continues to perform strongly. Power continues to make steady progress and Marine remains robust with greater focus on naval and offshore oil and gas projects. Recurring revenue continues to be a key feature of the business and, as a percentage of total revenue, is in line with previous periods.

As highlighted in the full year results, we will continue to invest in AVEVA NET in 2011/12. We are benefitting from the investments made in the Enterprise Solutions business development team through a very positive start to the year with revenue significantly ahead of the same period last year. With similar investment levels to 2010/11 in additional business development heads and project managers, the Group expects increasing progress throughout the year.

AVEVA has maintained its focus on the development of the business in the high growth markets such as the BRIC countries where we continue to invest and make good progress, particularly in Brazil and Russia. In order to better position ourselves for the significant opportunities that exist in China we have strengthened the management team and have undertaken a structural re-organisation to create a wholly owned subsidiary. As a result of these changes, we expect revenue to be more heavily weighted to the second half of the year in this region

Elsewhere, trading across all our geographies has continued in much the same pattern with strong performances in South Korea and some of the South East Asian countries. Trading in North America remains tough. In Europe the performance remains mixed with Eastern and Central Europe performing satisfactorily whilst Southern Europe has remained challenging.

The Group continues to be cash generative and has a strong balance sheet.