AVEVA WINS PRESTIGIOUS AWARD FROM DAEWOO SHIPBUILDING

Daewoo project successfully implemented six months ahead of schedule

November 30, 2004 -- Cambridge, England -- AVEVA (LSE:AVV), the IT solution provider to the marine, process and power industries, has been awarded a top accolade from Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME). AVEVA was presented with a 'Plaque of Appreciation' in recognition of the successful completion of the DSME CAD Unification project and for providing exceptional services over the last three years. The award recognised AVEVA's ability to understand the true nature of a partnership, support complex and challenging project goals and meet aggressive deadlines.

On receipt of the award at the closing of the CAD Unification project, Bruce Douglas, Marine Business Development Manager at AVEVA commented: "Our business has been built upon delivering superior engineering IT solutions and first-class customer service. The teams at Daewoo and AVEVA have worked exceptionally hard to enhance operational efficiencies and deliver the project on budget."

Jung, Sung-Leep, CEO and President of DSME said: "AVEVA's remarkable contribution to the successful completion of the CAD Unification Project deserves recognition. As a result of the enduring support and untiring efforts from the AVEVA team, the project was implemented six months ahead of schedule. In light of this we wanted to reward and recognise AVEVA's invaluable contribution."

DSME's Cad Unification Project has led to a full implementation of the entire Tribon M3 system, the leading technology system for the shipbuilding industry. All new commercial projects and several offshore projects are now being designed completely in Tribon M3 for both hull and outfitting.

The Tribon shipbuilding system is installed at more than 360 sites in over 40 countries in Asia, Australia, Europe, North and South America.

About AVEVA Group plc

AVEVA Group plc is one of the world's foremost and fastest-growing lifecycle engineering IT solutions and services providers to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries. Listed on the London Stock Exchange (LSE:AVV), the Group reported pre-tax profits for the year ended March 2004 of GBP 6.1 million on a turnover of GBP 38 million, a growth in turnover of 113% in five years.

The Group has a history of groundbreaking innovation that spans five decades and a strong or leading position in many market sectors both on and offshore. In May 2004, the Group acquired Tribon Solutions AB, the market-leading shipbuilding solution company and now serves 80% of the world's top 20 shipbuilders.

The Group's clients include leading plant Owner Operators, shipbuilders and engineering contractors such as 3M, ALSTOM Power, AMEC, BASF, Daewoo, Du Pont, Electricit� de France, Halliburton, Hitachi, Hyundai, Kawasaki, Krupp Uhde, Kvaerner, Merck, Mitsubishi, Mitsui, NASSCO, Petronas Carigali, Samsung, Shell and STX.

Tribon M3 Shipbuilding system

Tribon M3 is an integrated design, information and production system created to fit the specific needs of shipbuilding and offshore industries. Tribon M3 supports the complete shipbuilding process, where the goal is to efficiently produce and handle all the information needed from concept to delivery.

Tribon technology has been used in the shipbuilding industry for more than 40 years. Its number one objective has been to provide the world's shipbuilders with integrated software solutions to increase their efficiency. It has continuously improved quality, saved cost and shortened delivery times. The Tribon Shipbuilding system is installed at more than 360 sites in over 40 countries in Asia, Australia, Europe, North and South America.

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