Interim Management Statement

28 January 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 the following Interim Management Statement for the period from 1 October 2010 to date ("the period").

Since the announcement of the Interim Results in November 2010, the Group has continued to trade in line with the Board's expectations and the Board remains confident of a successful outturn for the year.

Asia Pacific is continuing to perform well with Power and Oil and Gas being the main drivers behind the success in China and other emerging regions. Our Marine business in the region shows signs of improvement and we have seen some new licence fees from the major yards involved in offshore Oil and Gas projects.

Latin America continues to deliver strong growth, particularly from Oil and Gas in Brazil and we are pushing ahead with our expansion into other emerging markets in Latin America. North America remains a competitive market and we remain focused on selling AVEVA NET into our existing customer base as well as penetrating competitor accounts.

In Central Europe tough economic conditions persist and recovery remains slower than other regions. Eastern Europe and the Middle East continue to deliver good levels of growth from Oil and Gas and Power.

AVEVA NET continues to gather momentum with a number of contract wins in the period and we have seen increasing demand across each of our major geographies and end user markets. As planned we are investing in our service capability to enable us to scale the business as demand for AVEVA NET increases.

Richard Longdon, Chief Executive, said: "The Group continues to perform well in specific markets and geographies and is well positioned to benefit as economic conditions improve. We have a strong balance sheet with no debt, strong cash generation and substantial levels of recurring revenue."

The Group will announce its preliminary results for the year ending 31 March 2011 at the end of May 2011.

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