Termination of discussions with Schneider Electric

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE AND IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

15 June 2016

AVEVA Group Plc

Termination of discussions with Schneider Electric SE

Following the termination of the preliminary discussions between AVEVA Group Plc ("AVEVA") and Schneider Electric SE, AVEVA has applied to the UKLA for the suspension of its shares to be lifted.

As a result, it is anticipated that AVEVA's shares will resume trading at 8:00am BST this morning.

For further information please contact:

AVEVA Group Plc

Richard Longdon (Chief Executive Officer)

James Kidd (Chief Financial Officer)

Derek Brown (Head of Investor Relations and M&A)

+44 1223 556655

Lazard (Financial Adviser)

Cyrus Kapadia

Richard Hoyle

Olivier Christnacht

+44 20 7187 2000

Numis (Corporate Broker and Sponsor)

Simon Willis

Jamie Lillywhite

+44 20 7260 1000

FTI Consulting (Financial PR)

Ed Bridges

Dwight Burden

+44 20 7979 7400

IMPORTANT NOTICES:

Lazard & Co., Limited, which is authorised and regulated in the UK by the Financial Conduct Authority, is acting as financial adviser to AVEVA and no one else in connection with the Transaction and will not be responsible to anyone other than AVEVA for providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to the Transaction or any other matters referred to in this announcement. Neither Lazard & Co., Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this announcement, or any transaction or statement contained herein.

Numis Securities Limited ("Numis"), which is authorised and regulated in the UK by the Financial Conduct Authority, is acting as corporate broker and sponsor to AVEVA and no one else in connection with the Transaction and will not be responsible to anyone other than AVEVA for providing the protections afforded to clients of Numis nor for providing advice in relation to the Transaction or any other matters referred to in this announcement. Neither Numis nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Numis, in connection with this announcement, or any transaction or statement contained herein.

This announcement does not constitute or form part of any offer, invitation to sell, otherwise dispose of or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities nor shall it or any part of it, nor the fact of its distribution form the basis of, or be relied on in connection with, any contract commitment or investment decision.