Trading Update

18 April 2011

AVEVA Group plc

Period end trading update

AVEVA Group plc ("AVEVA" or the "Company"; stock code : AVV), one of the world's leading providers of engineering data and design IT systems, today announces a trading update following the end of the financial year to 31 March 2011.

The Board expects to report full year results in line with its expectations.

The Group has continued to perform well in its key vertical markets and geographies, consistent with the trends identified in our January 2011 Interim Management Statement.

Asia Pacific performed strongly driven by the Oil and Gas and Power sectors. There were also signs of improvement in Marine from Offshore Oil and Gas projects. There has to date been no impact on the business from the events in Japan.

In EMEA, Central Europe was impacted by the slower economic recovery across the region in the year which has resulted in lower overall growth rates.

In the Americas, North American sales have been affected by the economic conditions and the competitive environment. Latin America has continued to grow strongly, mainly driven by opportunities in the Oil and Gas market in Brazil.

During the year, we have seen some encouraging customer wins for AVEVA NET and the pipeline continues to grow. As a result of planned investment in the Enterprise Solutions business we are now better placed to exploit opportunities in the growing lifecycle management market which AVEVA NET serves.

Richard Longdon, Chief Executive, said: "We are pleased with the outcome for the year with a good level of growth despite the challenges we faced. We are encouraged that we have seen market conditions generally improve in the last quarter although we are conscious of continuing global uncertainties."

The Group will be announcing its preliminary results for the year ended 31 March 2011 on 25 May 2011.

For further information, please consult the AVEVA website: www.aveva.com

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