Response to Apple's announcement

22 March 2016

Imagination Technologies Group plc

Response to Apple's announcement

The Board of Imagination Technologies Group plc (LSE: IMG, "Imagination", "the Group"), a leading multimedia, processor and communications technology company, notes the announcement from Apple Inc. ("Apple") following media speculation. The Board values Apple very highly as an important ongoing partner of the Company.

The Board reiterates its confidence in Imagination's strategy of reinforcing and building on the current strengths of its three core businesses and in further progress with its restructuring programme as communicated in its update on 17 March 2016. The Board remains focussed on delivering the best value possible to its shareholders.