Trading Update

12 October 2010

AVEVA Group plc

Trading update

Following the completion of its half year to 30 September 2010, AVEVA Group plc, ("AVEVA"), one of the world's leading providers of engineering data and design IT systems, is pleased to announce the following trading update.

Overall performance in the first half was in line with the Board's expectations.

As anticipated the Oil and Gas market has remained positive, underpinned particularly in developing countries such as Brazil where we are achieving good growth with investment in office expansion and people to drive sales. The Power market remains stable and the Marine market continues to be slow. The investment plans for AVEVA NET are being progressed focusing on the £500 million owner operator market as we develop our capability and capacity to service this customer base. In addition the integration of the Logimatic and ADB acquisitions is going well, it also provides both know-how and technologies for us to leverage through our existing sales channels.

Richard Longdon, Chief Executive of AVEVA, said: "Our strong base of recurring revenue, together with good growth in developing markets, continues to help mitigate the impact of economic uncertainty. Despite remaining a small proportion of group revenue, the AVEVA NET pipeline continues to build with growing customer acceptance of this technology solution. Ongoing careful investment in product and delivery capability across our portfolio remains a key focus as we reinforce the leadership position of our technologies and global sales infrastructure."

AVEVA will be announcing interim results for the six months ended 30 September 2010 on 10 November 2010.

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

Enquiries: