Update on proposed term loan refinancing

02 March 2020

Micro Focus International plc

Update on proposed term loan refinancing

Micro Focus International plc ("Micro Focus" or the "Company") today announces that due to adverse market conditions it has decided to postpone the proposed refinancing of its existing Senior Secured Term Loan B due November 2021 and extension of the existing Revolving Credit Facility.

The Company intends to relaunch the refinancing once market conditions improve.

Enquiries:

Micro Focus Tel: +44 (0)1635 32646

Stephen Murdoch, CEO [email protected]

Brian McArthur-Muscroft, CFO

Ben Donnelly, Investor relations

Brunswick Tel: +44 (0) 20 7404 5959

Sarah West [email protected]

Jonathan Glass

Notes to Editors:

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com