----

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|                                            | The Lawn                                 |
|-------------------------------------------------|------------------------------------------|
|                                            | 22-30 Old Bath Road                      |
|                                            | Newbury                                  |
|                                            | Berkshire RG14 1QN                       |
| United Kingdom                                  | United Kingdom                           |
| (Jurisdiction of Incorporation or Organization) | (Address of Principal Executive Offices) |

| American Depository Shares, each representing one ordinary share of Micro Focus International plc |  New York Stock Exchange          |
|---------------------------------------------------------------------------------------------------|----------------------------------------|
| (Title of each class)                                                                             | (Name of exchange on which registered) |

----

----

----

| FORWARD-LOOKING STATEMENTS                                                            | 1      |
|---------------------------------------------------------------------------------------|--------|
| Item 5. Operating and Financial Review and Prospects                                  | 2      |
| 5.A Operating Results                                                                 | 2      |
| 5.B Liquidity and Capital Resources                                                   | 19     |
| 5.C Research & Development, Patents and Licences                                  | 20     |
| 5.D Trend Information                                                                 | 21     |
| 5.E Off-Balance Sheet Arrangements                                                    | 21     |
| 5.F Tabular Disclosure of Contractual Obligations                                     | 22     |
| 5.G Safe Harbor                                                                       | 22     |
|                                                                                  |   |
| Item 8.A.7 Financial Information – Legal Proceedings                            | 23     |
|                                                                                  |   |
| Item 13. Defaults, Dividend Arrearages and Delinquencies                              | 25     |
|                                                                                  |   |
| Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds | 26     |
|                                                                                  |   |
| Item 18. Financial Statements                                                         | 27     |

----

|  | · | our ability to attract and retain sufficiently qualified management and key employees; |
|--|--------|----------------------------------------------------------------------------------------|

|  | · | restrictions on our ability to secure additional financing or refinance our existing financing; |
|--|--------|-------------------------------------------------------------------------------------------------|

|  | · | the ongoing integration of HPE Software into the Company, which may impede the ability of the Enlarged Group to obtain the same types and levels of benefits, services and resources that have historically been provided to HPE Software by HPE, which could lead to a failure to realize the anticipated benefits of the Merger; |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | the implementation of the U.S. Tax Cuts and Jobs Act and any impact to our earnings; |
|--|--------|--------------------------------------------------------------------------------------|

|  | · | our exposure to fluctuations in interest rates, which could affect our variable rate indebtedness and currency exchange rates; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------|

|  | · | the covenants under the New Facilities; |
|--|--------|-----------------------------------------|

|  | · | our dependence on intellectual property, our ability to protect intellectual property and third party claims of infringement on intellectual property; |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | our ability to develop products and services that satisfy the needs of our customers; |
|--|--------|---------------------------------------------------------------------------------------|

|  | · | competition in the markets in which we operate; |
|--|--------|-------------------------------------------------|

|  | · | the availability, integrity and security of our IT systems; |
|--|--------|-------------------------------------------------------------|

|  | · | our ability to protect the personal information of our customers; |
|--|--------|-------------------------------------------------------------------|

|  | · | the effectiveness of our sales force and distribution channels; |
|--|--------|-----------------------------------------------------------------|

|  | · | our potential liability or lost business opportunities related to defective products; |
|--|--------|---------------------------------------------------------------------------------------|

|  | · | decisions to discontinue or restrict development expenditures; |
|--|--------|----------------------------------------------------------------|

|  | · | our exposure to tax liabilities and indemnification in certain circumstances; and |
|--|--------|-----------------------------------------------------------------------------------|

|  | · | our ability to manage the risks involved in the foregoing. |
|--|--------|------------------------------------------------------------|

----

|  | · | to increase operational efficiency of the Enlarged Group; |
|--|--------|-----------------------------------------------------------|

|  | · | to deliver effective product management focused on customer centered innovation; and |
|--|--------|--------------------------------------------------------------------------------------|

|  | · | to improve sales productivity. |
|--|--------|--------------------------------|

----

| Financial Year/Period ending | October 31, 2017 | October 31, 2018                       | October 31, 2019                     | October 31, 2020                           |
|------------------------------|------------------|----------------------------------------|--------------------------------------|--------------------------------------------|
| Phase                        | Assessment       | Integration                            | Stabilization                        | Growth                                     |
| Action                       | ·           | Deliver plans for FY17                 | ·                               | Standardize systems                        | · | Stabilize top line | · | Top line growth |
|                         | ·           | Detailed review of combined businesses | ·                               | Rationalize properties                     | · | Improve GTM | · | Click and repeat! |
|                         | ·           | Invigorate product management          | ·                               | New Go to Market (“GTM”) model | · | Growth from new areas |   |
|                         |             | ·                                 | Maintain/improve cash conversion     | ·                                     | Improved profitability |   |
|                         |             | ·                                 | Rationalize underperforming elements | ·                                     | Standardize systems |   |
|                         |             | ·                                 | New market initiatives               | ·                                     | Rationalize legal entities |   |

|  | · | Ensuring the Group’s products continue to meet the requirements of its customers. The Group has a large number of products, at differing stages of their life cycle, and each requiring varying levels of investment and a tailored strategic approach. The extent of investment in each product set needs to be managed and prioritized considering expected future prospects, to ensure an effective balance between growth and legacy products. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The adoption of an effective GTM model. For the Group to succeed in meeting revenue and growth targets it requires successful GTM models across the full product portfolio, with effective strategies and plans to exploit channel opportunities and focus the sales force on all types of customer categories. |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Changes in the competitive landscape. The Group’s major competitors are expanding their product and service offerings with integrated products and solutions. Comprehensive information about the markets in which the Group operates is required for it to assess competitive risks effectively and to perform successfully. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Challenges in relation to the retention of key employees. The retention and recruitment of highly skilled and motivated employees, at all levels of the Group, is critical to the success and future growth of the Group in all countries in which it operates. Employees require clear business objectives, and a well communicated vision and values, for the Group to achieve alignment and a common sense of corporate purpose among the workforce. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | A number of major change projects including acquisitions to grow the business by strengthening the Group’s portfolio of products and capabilities, and projects to standardize systems and processes. The successful integration of acquired businesses will build a solid base for further expansion. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The Group’s operations, as is the case with most businesses, are dependent on maintaining and protecting the integrity and security of the IT systems and management of information. The Group may experience a major breach of its system security or cyber-attack. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                              |   | Six months ended October 31, 2017 |    |   | Six months ended October 31, 2016 * |   |   |   |   |
|-----------------------------------|--------|-----------------------------------|---------|--------|-------------------------------------|--------|--------|--------|--------|
|                              |   | Before exceptional items          |    |   | Exceptional items                   |   |   | Total  |   |   | Before exceptional items |   |   | Exceptional items |   |   | Total |   |   | Total (Decline) / Growth |   |
|                              |   | (dollars in millions)             |    |   | %                                   |   |
| Revenue                           |   |                              | 1,234.5 |   |                                |   | -      |   |   |   | 1,234.5 |   |   |   | 684.7 |   |   |   | - |   |   |   | 684.7 |   |   |   | 80.3 | % |
| Cost of sales                     |   |                              | (270.8  | )      |                                |   | (3.1   | )      |   |   | (273.9 | ) |   |   | (122.2 | ) |   |   | (1.3 | ) |   |   | (123.5 | ) |   |   | 121.9 | % |
| Gross Profit                      |   |                              | 963.7   |   |                                |   | (3.1   | )      |   |   | 960.6 |   |   |   | 562.5 |   |   |   | (1.3 | ) |   |   | 561.2 |   |   |   | 71.1 | % |
| Selling and distribution costs    |   |                              | (390.1  | )      |                                |   | (8.6   | )      |   |   | (398.7 | ) |   |   | (216.5 | ) |   |   | (2.0 | ) |   |   | (218.5 | ) |   |   | 82.4 | % |
| Research and development expenses |   |                              | (166.2  | )      |                                |   | (7.4   | )      |   |   | (173.6 | ) |   |   | (84.2 | ) |   |   | (2.2 | ) |   |   | (86.4 | ) |   |   | 101.0 | % |
| Administrative expenses           |   |                              | (89.0   | )      |                                |   | (79.4  | )      |   |   | (168.4 | ) |   |   | (57.5 | ) |   |   | (35.6 | ) |   |   | (93.1 | ) |   |   | 80.9 | % |
| Operating Profit                  |   |                              | 318.4   |   |                                |   | (98.5  | )      |   |   | 219.9 |   |   |   | 204.3 |   |   |   | (41.1 | ) |   |   | 163.2 |   |   |   | 34.7 | % |
| Share of results of associates    |   |                              | (0.4    | )      |                                |   | -      |   |   |   | (0.4 | ) |   |   | (1.1 | ) |   |   | - |   |   |   | (1.1 | ) |   |   | 61.1 | % |
| Finance costs                     |   |                              | (69.2   | )      |                                |   | (6.3   | )      |   |   | (75.5 | ) |   |   | (49.5 | ) |   |   | - |   |   |   | (49.5 | ) |   |   | 52.6 | % |
| Finance income                    |   |                              | 1.2     |   |                                |   | 0.6    |   |   |   | 1.8 |   |   |   | 0.5 |   |   |   | - |   |   |   | 0.5 |   |   |   | 238.4 | % |
| Profit before tax                 |   |                              | 250.0   |   |                                |   | (104.2 | )      |   |   | 145.8 |   |   |   | 154.2 |   |   |   | (41.1 | ) |   |   | 113.1 |   |   |   | 28.7 | % |
| Taxation                          |   |                              | (64.7   | )      |                                |   | 25.5   |   |   |   | (39.2 | ) |   |   | (28.1 | ) |   |   | 5.6 |   |   |   | (22.5 | ) |   |   | 73.2 | % |
| Profit for the period             |   |                              | 185.3   |   |                                |   | (78.7  | )      |   |   | 106.6 |   |   |   | 126.1 |   |   |   | (35.5 | ) |   |   | 90.6 |   |   |   | 17.6 | % |

----

|                                              |   | Six monthsendedOctober 31,2017Actual |    |   | Six monthsendedOctober 31,2016Actual |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2016CCY |   |   | Six monthsendedOctober 31,2017CCY(Decline)/Growth |   |   | Six monthsendedOctober 31,2017CCY(Decline)/Growth |   |
|---------------------------------------------------|--------|--------------------------------------|---------|--------|--------------------------------------|--------|--------|------------------------------------------------------|--------|--------|------------------------------------------------------|--------|--------|-----------------------------------|--------|--------|---------------------------------------------------|--------|--------|---------------------------------------------------|--------|
|                                              |   | (dollars in millions)                |    |   | %                                    |   |   | (dollars in millions)                                |   |   | %                                                    |   |
| Existing Micro Focus Product Portfolio            |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                              |   |
| Licence                                           |   |                                 | 122.9   |   |                                 |   | 146.9  |                                                 |   |   | (24.0                                                | )      |   |                              | (16.3  | %)     |                                              |   | 148.1  |                                              |   |   | (25.2 | ) |   |   | (17.0 | %) |
| Maintenance                                       |   |                                 | 354.1   |   |                                 |   | 364.2  |                                                 |   |   | (10.1                                                | )      |   |                              | (2.8   | %)     |                                              |   | 363.2  |                                              |   |   | (9.1 | ) |   |   | (2.5 | %) |
| Consultancy                                       |   |                                 | 23.3    |   |                                 |   | 26.2   |                                                 |   |   | (2.9                                                 | )      |   |                              | (11.1  | %)     |                                              |   | 26.4   |                                              |   |   | (3.1 | ) |   |   | (11.7 | %) |
|                                              |   |                                 | 500.3   |   |                                 |   | 537.3  |                                                 |   |   | (37.0                                                | )      |   |                              | (6.9   | %)     |                                              |   | 537.7  |                                              |   |   | (37.4 | ) |   |   | (7.0 | %) |
| HPE Software                                      |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                              |   |   |   |   |   |   |   |   |
| Licence                                           |   |                                 | 204.8   |   |                                 |   | -      |                                                 |   |   | 204.8                                                |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 204.8 |   |   |   | - |   |
| Maintenance                                       |   |                                 | 257.4   |   |                                 |   | -      |                                                 |   |   | 257.4                                                |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 257.4 |   |   |   | - |   |
| Consultancy                                       |   |                                 | 55.2    |   |                                 |   | -      |                                                 |   |   | 55.2                                                 |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 55.2 |   |   |   | - |   |
| Software as a Service (‘‘SaaS”) |   |                                 | 52.4    |   |                                 |   | -      |                                                 |   |   | 52.4                                                 |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 52.4 |   |   |   | - |   |
|                                              |   |                                 | 569.8   |   |                                 |   | -      |                                                 |   |   | 569.8                                                |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 569.8 |   |   |   | - |   |
| Total Micro Focus Product Portfolio               |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                              |   |   |   |   |   |   |   |   |
| Licence                                           |   |                                 | 327.7   |   |                                 |   | 146.9  |                                                 |   |   | 180.8                                                |   |   |                              | 123.1  | %      |                                              |   | 148.1  |                                              |   |   | 179.6 |   |   |   | 121.3 | % |
| Maintenance                                       |   |                                 | 611.5   |   |                                 |   | 364.2  |                                                 |   |   | 247.3                                                |   |   |                              | 67.9   | %      |                                              |   | 363.2  |                                              |   |   | 248.3 |   |   |   | 68.4 | % |
| Consultancy                                       |   |                                 | 78.5    |   |                                 |   | 26.2   |                                                 |   |   | 52.3                                                 |   |   |                              | 199.6  | %      |                                              |   | 26.4   |                                              |   |   | 52.1 |   |   |   | 197.3 | % |
| SaaS                                              |   |                                 | 52.4    |   |                                 |   | -      |                                                 |   |   | 52.4                                                 |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 52.4 |   |   |   | - |   |
|                                              |   |                                 | 1,070.1 |   |                                 |   | 537.3  |                                                 |   |   | 532.8                                                |   |   |                              | 99.2   | %      |                                              |   | 537.7  |                                              |   |   | 532.4 |   |   |   | 99.0 | % |
| SUSE Product Portfolio                            |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                              |   |   |   |   |   |   |   |   |
| Subscription                                      |   |                                 | 162.6   |   |                                 |   | 144.9  |                                                 |   |   | 17.7                                                 |   |   |                              | 12.2   | %      |                                              |   | 142.7  |                                              |   |   | 19.9 |   |   |   | 13.9 | % |
| Consultancy                                       |   |                                 | 1.8     |   |                                 |   | 2.5    |                                                 |   |   | (0.7                                                 | )      |   |                              | (28.0  | %)     |                                              |   | 2.6    |                                              |   |   | (0.8 | ) |   |   | (30.8 | %) |
|                                              |   |                                 | 164.4   |   |                                 |   | 147.4  |                                                 |   |   | 17.0                                                 |   |   |                              | 11.5   | %      |                                              |   | 145.3  |                                              |   |   | 19.1 |   |   |   | 13.1 | % |
| Total Revenue                                     |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                              |   |   |   |   |   |   |   |   |
| Licence                                           |   |                                 | 327.7   |   |                                 |   | 146.9  |                                                 |   |   | 180.8                                                |   |   |                              | 123.1  | %      |                                              |   | 148.1  |                                              |   |   | 179.6 |   |   |   | 121.3 | % |
| Maintenance                                       |   |                                 | 611.5   |   |                                 |   | 364.2  |                                                 |   |   | 247.3                                                |   |   |                              | 67.9   | %      |                                              |   | 363.2  |                                              |   |   | 248.3 |   |   |   | 68.4 | % |
| Subscription                                      |   |                                 | 162.6   |   |                                 |   | 144.9  |                                                 |   |   | 17.7                                                 |   |   |                              | 12.2   | %      |                                              |   | 142.7  |                                              |   |   | 19.9 |   |   |   | 13.9 | % |
| Consultancy                                       |   |                                 | 80.3    |   |                                 |   | 28.7   |                                                 |   |   | 51.6                                                 |   |   |                              | 179.8  | %      |                                              |   | 29.0   |                                              |   |   | 51.3 |   |   |   | 176.9 | % |
| SaaS                                              |   |                                 | 52.4    |   |                                 |   | -      |                                                 |   |   | 52.4                                                 |   |   |                              | -      |   |                                              |   | -      |                                              |   |   | 52.4 |   |   |   | - |   |
|                                              |   |                                 | 1,234.5 |   |                                 |   | 684.7  |                                                 |   |   | 549.8                                                |   |   |                              | 80.3   | %      |                                              |   | 683.0  |                                              |   |   | 551.5 |   |   |   | 80.7 | % |

----

----

|                          |   | Six monthsendedOctober 31,2017Actual |    |   | Six monthsendedOctober 31,2016Actual |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2016CCY |   |   | Six monthsendedOctober 31,2017CCY(Decline)/Growth |   |   | Six monthsendedOctober 31,2017CCY (Decline)/Growth |   |
|-------------------------------|--------|--------------------------------------|---------|--------|--------------------------------------|--------|--------|------------------------------------------------------|--------|--------|------------------------------------------------------|--------|--------|-----------------------------------|--------|--------|---------------------------------------------------|--------|--------|----------------------------------------------------|--------|
|                          |   | (dollars in millions)                |    |   | %                                    |   |   | (dollars in millions)                                |   |   | %                                                    |   |
| Micro Focus Product Portfolio |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                               |   |
| North America                 |   |                                 | 267.9   |   |                                 |   | 299.8  |                                                 |   |   | (31.9                                                | )      |   |                              | (10.6  | %)     |                                              |   | 300.2  |                                               |   |   | (32.3 | ) |   |   | (10.8 | %) |
| International                 |   |                                 | 188.2   |   |                                 |   | 187.7  |                                                 |   |   | 0.5                                                  |   |   |                              | 0.3    | %      |                                              |   | 189.0  |                                               |   |   | (0.8 | ) |   |   | (0.4 | %) |
| Asia Pacific & Japan      |   |                                 | 44.2    |   |                                 |   | 49.8   |                                                 |   |   | (5.6                                                 | )      |   |                              | (11.2  | %)     |                                              |   | 48.5   |                                               |   |   | (4.3 | ) |   |   | (8.9 | %) |
|                          |   |                                 | 500.3   |   |                                 |   | 537.3  |                                                 |   |   | (37.0                                                | )      |   |                              | (6.9   | %)     |                                              |   | 537.7  |                                               |   |   | (37.4 | ) |   |   | (7.0 | %) |
| HPE Software acquisition      |   |                                 | 569.8   |   |                                 |   | -      |                                                 |   |   | 569.8                                                |   |   |                              | -      |   |                                              |   | -      |                                               |   |   | 569.8 |   |   |   | - |   |
| Total                         |   |                                 | 1,070.1 |   |                                 |   | 537.3  |                                                 |   |   | 532.8                                                |   |   |                              | 99.2   | %      |                                              |   | 537.7  |                                               |   |   | 532.4 |   |   |   | 99.0 | % |
| SUSE Product Portfolio        |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                               |   |   |   |   |   |   |   |   |
| North America                 |   |                                 | 65.1    |   |                                 |   | 59.9   |                                                 |   |   | 5.2                                                  |   |   |                              | 8.7    | %      |                                              |   | 59.9   |                                               |   |   | 5.2 |   |   |   | 8.7 | % |
| International                 |   |                                 | 76.0    |   |                                 |   | 70.0   |                                                 |   |   | 6.0                                                  |   |   |                              | 8.6    | %      |                                              |   | 68.2   |                                               |   |   | 7.8 |   |   |   | 11.4 | % |
| Asia Pacific & Japan      |   |                                 | 23.3    |   |                                 |   | 17.5   |                                                 |   |   | 5.8                                                  |   |   |                              | 33.1   | %      |                                              |   | 17.2   |                                               |   |   | 6.1 |   |   |   | 35.5 | % |
| Total                         |   |                                 | 164.4   |   |                                 |   | 147.4  |                                                 |   |   | 17.0                                                 |   |   |                              | 11.5   | %      |                                              |   | 145.3  |                                               |   |   | 19.1 |   |   |   | 13.1 | % |
|  Total Group             |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                               |   |   |   |   |   |   |   |   |
| Existing Micro Focus          |   |                                 |    |   |                                 |   |   |                                                 |   |   |                                                 |   |   |                              |   |   |                                              |   |   |                                               |   |   |   |   |   |   |   |   |
| North America                 |   |                                 | 333.0   |   |                                 |   | 359.7  |                                                 |   |   | (26.7                                                | )      |   |                              | (7.4   | %)     |                                              |   | 360.1  |                                               |   |   | (27.1 | ) |   |   | (7.5 | %) |
| International                 |   |                                 | 264.2   |   |                                 |   | 257.7  |                                                 |   |   | 6.5                                                  |   |   |                              | 2.5    | %      |                                              |   | 257.2  |                                               |   |   | 7.0 |   |   |   | 2.7 | % |
| Asia Pacific & Japan      |   |                                 | 67.5    |   |                                 |   | 67.3   |                                                 |   |   | 0.2                                                  |   |   |                              | 0.3    | %      |                                              |   | 65.7   |                                               |   |   | 1.8 |   |   |   | 2.7 | % |
|                          |   |                                 | 664.7   |   |                                 |   | 684.7  |                                                 |   |   | (20.0                                                | )      |   |                              | (2.9   | %)     |                                              |   | 683.0  |                                               |   |   | (18.3 | ) |   |   | (2.7 | %) |
| HPE Software acquisition *    |   |                                 | 569.8   |   |                                 |   | -      |                                                 |   |   | 569.8                                                |   |   |                              | -      |   |                                              |   | -      |                                               |   |   | 569.8 |   |   |   | - |   |
| Total revenue                 |   |                                 | 1,234.5 |   |                                 |   | 684.7  |                                                 |   |   | 549.8                                                |   |   |                              | 80.3   | %      |                                              |   | 683.0  |                                               |   |   | 551.5 |   |   |   | 80.7 | % |

----

|                     |   | Six monthsendedOctober 31,2017Actual |   |
|--------------------------|--------|--------------------------------------|--------|
|                     |   | (dollars in millions)                |   |
| Americas                 |   |                                 |   |
| Licence                  |   |                                 | 119.4  |   |
| Maintenance              |   |                                 | 150.9  |   |
| Consultancy              |   |                                 | 22.7   |   |
| SaaS                     |   |                                 | 39.5   |   |
|                     |   |                                 | 332.5  |   |
| EMEA                     |   |                                 |   |   |
| Licence                  |   |                                 | 58.6   |   |
| Maintenance              |   |                                 | 80.4   |   |
| Consultancy              |   |                                 | 24.9   |   |
| SaaS                     |   |                                 | 9.7    |   |
|                     |   |                                 | 173.6  |   |
| Asia Pacific & Japan |   |                                 |   |   |
| Licence                  |   |                                 | 26.8   |   |
| Maintenance              |   |                                 | 26.1   |   |
| Consultancy              |   |                                 | 7.6    |   |
| SaaS                     |   |                                 | 3.2    |   |
|                     |   |                                 | 63.7   |   |
| Total                    |   |                                 |   |   |
| Licence                  |   |                                 | 204.8  |   |
| Maintenance              |   |                                 | 257.4  |   |
| Consultancy              |   |                                 | 55.2   |   |
| SaaS                     |   |                                 | 52.4   |   |
|                     |   |                                 | 569.8  |   |

----

|                              |   | Six monthsendedOctober 31,2017Actual |    |   | Six monthsendedOctober 31,2016Actual |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2017Actual(Decline)/Growth |   |   | Six monthsendedOctober 31,2016CCY |   |   | Six monthsendedOctober 31,2017CCY(Decline)/Growth |   |   | Six monthsendedOctober 31,2017CCY (Decline)/Growth |   |
|-----------------------------------|--------|--------------------------------------|---------|--------|--------------------------------------|--------|--------|------------------------------------------------------|--------|--------|------------------------------------------------------|--------|--------|-----------------------------------|--------|--------|---------------------------------------------------|--------|--------|----------------------------------------------------|--------|
|                              |   | (dollars in millions)                |    |   | %                                    |   |   | (dollars in millions)                                |   |   | %                                                    |   |
| Cost of goods sold                |   |                                 | 273.9   |   |                                 |   | 123.4  |                                                 |   |   | 150.5                                                |   |   |                              | 122.0  | %      |                                              |   | 123.8  |                                               |   |   | 150.1 |   |   |   | 121.2 | % |
| Selling and distribution costs    |   |                                 | 398.6   |   |                                 |   | 218.5  |                                                 |   |   | 180.1                                                |   |   |                              | 82.4   | %      |                                              |   | 219.4  |                                               |   |   | 179.2 |   |   |   | 81.7 | % |
| Research and development expenses |   |                                 | 173.6   |   |                                 |   | 86.4   |                                                 |   |   | 87.2                                                 |   |   |                              | 100.9  | %      |                                              |   | 87.4   |                                               |   |   | 86.2 |   |   |   | 98.6 | % |
| Administrative expenses           |   |                                 | 168.4   |   |                                 |   | 93.1   |                                                 |   |   | 75.3                                                 |   |   |                              | 80.9   | %      |                                              |   | 93.3   |                                               |   |   | 75.1 |   |   |   | 80.5 | % |
| Total Operating Costs             |   |                                 | 1,014.5 |   |                                 |   | 521.4  |                                                 |   |   | 493.1                                                |   |   |                              | 94.6   | %      |                                              |   | 523.9  |                                               |   |   | 490.6 |   |   |   | 93.6 | % |

----

----

----

----

----

|  | · | Assets and liabilities for each consolidated statement of financial position presented are translated at the closing rate at the date of that consolidated statement of financial position; |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Income and expenses for each consolidated statement of comprehensive income item are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions); and |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | All resulting exchange differences are recognized as a separate component of equity. |
|--|--------|--------------------------------------------------------------------------------------|

----

----

----

| · | they do not reflect the Group’s cash expenditures or future requirements for capital expenditure or contractual commitments; |
|--------|------------------------------------------------------------------------------------------------------------------------------------|

| · | they do not reflect changes in, or cash requirements for, the Group’s working capital needs; |
|--------|----------------------------------------------------------------------------------------------------|

| · | they do not reflect the significant interest expense, or the cash requirements necessary to service interest or principal payments, on the Group’s debt; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | they are not adjusted for all non-cash income or expense items that are reflected in the Group’s statements of cash flows; |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

| · | the further adjustments made in calculating Adjusted EBITDA are those that management consider are not representative of the underlying operations of the Group and therefore are subjective in nature; and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                        |   | Six months ended31 October 2017 |      |   | Six months ended31 October 2016 |   |
|-------------------------------------------------------------|--------|---------------------------------|-----------|--------|---------------------------------|--------|
|                                                        |   | (dollars in thousands)          |      |
|                                                        |   |                            |      |   |                            |   |
| Profit for the period                                       |   |                            | 106,605   |   |                            |   | 90,617 |   |
| Finance costs                                               |   |                            | 75,487    |   |                            |   | 49,455 |   |
| Finance income                                              |   |                            | (1,699    | )      |                            |   | (502 | ) |
| Taxation                                                    |   |                            | 39,129    |   |                            |   | 22,589 |   |
| Share of results of associates                              |   |                            | 438       |   |                            |   | 1,127 |   |
| Depreciation of property, plant and equipment               |   |                            | 16,289    |   |                            |   | 5,712 |   |
| Amortization of intangible assets                           |   |                            | 198,606   |   |                            |   | 119,085 |   |
| EBITDA                                                      |   |                            | 434,855   |   |                            |   | 288,083 |   |
| Exceptional items (reported in Operating profit)            |   |                            | 98,480    |   |                            |   | 41,048 |   |
| Share-based compensation charge                             |   |                            | 18,302    |   |                            |   | 15,521 |   |
| Amortization of and impairment of product development costs |   |                            | (12,375   | )      |                            |   | (12,117 | ) |
| Foreign exchange gain                                       |   |                            | (4,699    | )      |                            |   | (9,270 | ) |
| Net capitalization of product development costs             |   |                            | (4,503    | )      |                            |   | (2,931 | ) |
| Adjusted EBITDA                                             |   |                            | 530,060   |   |                            |   | 320,334 |   |
|                                                        |   |                            |      |   |                            |   |   |   |
| Revenue                                                     |   |                            | 1,234,520 |   |                            |   | 684,743 |   |
| Adjusted EBITDA Margin                                      |   |                            | 42.9      | %      |                            |   | 46.8 | % |

----

|                                             |   | Six months endedOctober 31, 2017 |    |   | Six months endedOctober 31, 2016 |   |
|--------------------------------------------------|--------|----------------------------------|---------|--------|----------------------------------|--------|
|                                             |   | (dollars in thousands)           |    |
| Operating profit                                 |   |                             | 219,960 |   |                             |   | 163,286 |   |
| Exceptional items (reported in Operating Profit) |   |                             | 98,480  |   |                             |   | 41,048 |   |
| Share-based compensation charge                  |   |                             | 18,302  |   |                             |   | 15,521 |   |
| Amortization of purchased intangible assets      |   |                             | 183,478 |   |                             |   | 106,394 |   |
| Adjusted Operating Profit                        |   |                             | 520,220 |   |                             |   | 326,249 |   |

|                                  |   | Six months ended31 October 2017(unaudited) |    |   | Six months ended31 October 2016(unaudited) |   |
|---------------------------------------|--------|--------------------------------------------|---------|--------|--------------------------------------------|--------|
|                                  |   | (dollars in thousands)                     |    |
| Profit before tax                     |   |                                       | 145,734 |   |                                       |   | 113,206 |   |
| Share-based compensation charge       |   |                                       | 18,302  |   |                                       |   | 15,521 |   |
| Amortization of purchased intangibles |   |                                       | 183,478 |   |                                       |   | 106,394 |   |
| Exceptional items                     |   |                                       | 104,253 |   |                                       |   | 41,048 |   |
| Adjusted Profit before tax            |   |                                       | 451,767 |   |                                       |   | 276,169 |   |

----

|         |   | Six months endedOctober 31, 2017 |   |   | Six months endedOctober 31, 2016 |   |
|--------------|--------|----------------------------------|--------|--------|----------------------------------|--------|
|         |   | Average                          |   |   | Closing                          |   |   | Average |   |   | Closing |   |
| £1 = $  |   |                             | 1.30   |   |                             |   | 1.33 |   |   |   | 1.35 |   |   |   | 1.22 |   |
| €1 = $ |   |                             | 1.14   |   |                             |   | 1.16 |   |   |   | 1.12 |   |   |   | 1.10 |   |
| CAD$ 1 = $   |   |                             | 0.78   |   |                             |   | 0.78 |   |   |   | 0.76 |   |   |   | 0.75 |   |

----

| · | The new $2,600.0 million senior secured seven year term loan B issued by Seattle SpinCo. Inc. is priced at LIBOR plus 2.75% (subject to a LIBOR floor of 0.00%) with an original issue discount of 0.25%; |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The new $385.0 million senior secured seven year term loan B issued by MA FinanceCo LLC is also priced at LIBOR plus 2.75% (subject to a LIBOR floor of 0.00%) with an original issue discount of 0.25%; and |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The new Euro 470.0 million (equivalent to $547.5 million as at October 31, 2017) senior secured seven year term loan B issued by MA FinanceCo LLC is priced at EURIBOR plus 3.00% (subject to a EURIBOR floor of 0.00%) with an original issue discount of 0.25%. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | i. | Fund the pre-Completion cash payment by Seattle SpinCo. Inc. to HPE of $2,500.0 million (subject to certain adjustments in limited circumstances); |
|--|----|----------------------------------------------------------------------------------------------------------------------------------------------------|

|  | ii. | Fund the Return of Value to Micro Focus’ existing Shareholders of $500.0 million; and |
|--|-----|---------------------------------------------------------------------------------------------|

|  | iii. | Pay transaction costs relating to the acquisition of HPE Software. |
|--|------|--------------------------------------------------------------------|

----

| • | New Models – Products or consumption models (cloud and subscription) that open new opportunities that could become growth drivers or represent emerging use cases that we need to be able to embrace; |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | Growth Drivers – Products with consistent growth performance and market opportunity to build the future revenue foundations of the Group; |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| • | Optimize – Products with declining revenue performance driven by the market or execution where the trajectory must be corrected to move back to the core category or investments focused to optimize long-term returns; and |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| • | Core – Products that have maintained broadly flat revenue performance but represent the current foundations of the Group and must be protected and extended. |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                          |   | Payments due by Period |    |
|-------------------------------|--------|------------------------|---------|
|                          |   | Less than1 year        |    |   | 1 - 3 years |   |   | 3 -5 years |   |   | After5 years |   |   | Total |   |
|                          |   | (dollars in thousands) |    |
| Contractual cash obligations: |   |                   |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-term debt                |   |                   | 37,858  |   |   |   | 100,954 |   |   |   | 1,544,170 |   |   |   | 3,364,711 |   |   |   | 5,047,693 |   |
| Finance leases                |   |                   | 14,306  |   |   |   | 16,817 |   |   |   | 1,426 |   |   |   | - |   |   |   | 32,549 |   |
| Operating leases              |   |                   | 80,573  |   |   |   | 129,887 |   |   |   | 101,087 |   |   |   | 39,537 |   |   |   | 351,084 |   |
| Interest payments             |   |                   | 194,391 |   |   |   | 383,707 |   |   |   | 323,523 |   |   |   | 213,102 |   |   |   | 1,114,723 |   |
| Total                         |   |                   | 327,128 |   |   |   | 631,365 |   |   |   | 1,970,206 |   |   |   | 3,617,350 |   |   |   | 6,546,049 |   |

----

----

----

----

----

----

|   | Micro Focus International plc |
|--------|-------------------------------|

|   | By:    | /s/ Chris Hsu |                    |
|--------|--------|---------------|-------------------------|
|   |   | Name:         | Chris Hsu               |
|   |   | Title:        | Chief Executive Officer |

|   | By:    | /s/ Mike Phillips |                                   |
|--------|--------|-------------------|----------------------------------------|
|   |   | Name:             | Mike Phillips                          |
|   |   | Title:            | Director of Mergers & Acquisitions |

----

| Index to unaudited Consolidated Financial Statements               |   |
|--------------------------------------------------------------------|--------|
| Consolidated statement of comprehensive income (unaudited)         | F-2    |
| Consolidated statement of financial position (unaudited)           | F-4    |
| Consolidated statement of changes in equity (unaudited)            | F-5    |
| Consolidated statement of cash flows (unaudited)                   | F-6    |
| Notes to the consolidated interim financial statements (unaudited) | F-7    |

----

|                                                                                                          |   |   |   |   | Six months endedOctober 31, 2017 |        |      | Six months endedOctober 31, 2016* |   |
|---------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|----------------------------------|-------------|-----------|-----------------------------------|--------|
|                                                                                                          |   |   |   |   | (unaudited)                      |        |      | (unaudited)                       |   |
|                                                                                                          |   | Note   |   |   | Beforeexceptionalitems           |        |      | Exceptionalitems(note 7)          |   |   | Total |   |   | Beforeexceptionalitems |   |   | Exceptionalitems(note 7) |   |   | Total |   |
|                                                                                                          |   |   |   |   |                             | $’000 |      |                              |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Revenue                                                                                                       |   |   | 5,6    |   |                             |        | 1,234,520 |                              |   |   | - |   |   |   | 1,234,520 |   |   |   | 684,743 |   |   |   | - |   |   |   | 684,743 |   |
| Cost of sales comprising:                                                                                     |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of sales (excluding amortization of product development costs and acquired  technology intangibles) |   |   |   |   |                             |        | (195,291  | )                                 |   |   | (3,126 | ) |   |   | (198,417 | ) |   |   | (73,031 | ) |   |   | (1,265 | ) |   |   | (74,296 | ) |
| -  Amortization of product development costs                                                             |   |   | 14     |   |                             |        | (12,375   | )                                 |   |   | - |   |   |   | (12,375 | ) |   |   | (12,117 | ) |   |   | - |   |   |   | (12,117 | ) |
| -  Amortization of acquired technology intangibles                                                       |   |   | 14     |   |                             |        | (63,101   | )                                 |   |   | - |   |   |   | (63,101 | ) |   |   | (37,027 | ) |   |   | - |   |   |   | (37,027 | ) |
| Cost of sales                                                                                                 |   |   |   |   |                             |        | (270,767  | )                                 |   |   | (3,126 | ) |   |   | (273,893 | ) |   |   | (122,175 | ) |   |   | (1,265 | ) |   |   | (123,440 | ) |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                                                                                  |   |   |   |   |                             |        | 963,753   |                              |   |   | (3,126 | ) |   |   | 960,627 |   |   |   | 562,568 |   |   |   | (1,265 | ) |   |   | 561,303 |   |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Selling and distribution costs                                                                                |   |   |   |   |                             |        | (390,085  | )                                 |   |   | (8,553 | ) |   |   | (398,638 | ) |   |   | (216,526 | ) |   |   | (2,002 | ) |   |   | (218,528 | ) |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Research and development expenses comprising:                                                                 |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| - Expenditure incurred in the period                                                                          |   |   |   |   |                             |        | (183,115  | )                                 |   |   | (7,402 | ) |   |   | (190,517 | ) |   |   | (99,263 | ) |   |   | (2,175 | ) |   |   | (101,438 | ) |
| - Capitalization of product development costs                                                                 |   |   | 14     |   |                             |        | 16,878    |                              |   |   | - |   |   |   | 16,878 |   |   |   | 15,048 |   |   |   | - |   |   |   | 15,048 |   |
| Research and development expenses                                                                             |   |   |   |   |                             |        | (166,237  | )                                 |   |   | (7,402 | ) |   |   | (173,639 | ) |   |   | (84,215 | ) |   |   | (2,175 | ) |   |   | (86,390 | ) |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Administrative expenses                                                                                       |   |   |   |   |                             |        | (88,991   | )                                 |   |   | (79,399 | ) |   |   | (168,390 | ) |   |   | (57,493 | ) |   |   | (35,606 | ) |   |   | (93,099 | ) |
| Operating profit                                                                                              |   |   |   |   |                             |        | 318,440   |                              |   |   | (98,480 | ) |   |   | 219,960 |   |   |   | 204,334 |   |   |   | (41,048 | ) |   |   | 163,286 |   |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Share of results of associates                                                                                |   |   | 16     |   |                             |        | (438      | )                                 |   |   | - |   |   |   | (438 | ) |   |   | (1,127 | ) |   |   | - |   |   |   | (1,127 | ) |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Finance costs                                                                                                 |   |   | 11     |   |                             |        | (69,161   | )                                 |   |   | (6,326 | ) |   |   | (75,487 | ) |   |   | (49,455 | ) |   |   | - |   |   |   | (49,455 | ) |
| Finance income                                                                                                |   |   | 11     |   |                             |        | 1,146     |                              |   |   | 553 |   |   |   | 1,699 |   |   |   | 502 |   |   |   | - |   |   |   | 502 |   |
| Net finance costs                                                                                             |   |   | 11     |   |                             |        | (68,015   | )                                 |   |   | (5,773 | ) |   |   | (73,788 | ) |   |   | (48,953 | ) |   |   | - |   |   |   | (48,953 | ) |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Profit before tax                                                                                             |   |   |   |   |                             |        | 249,987   |                              |   |   | (104,253 | ) |   |   | 145,734 |   |   |   | 154,254 |   |   |   | (41,048 | ) |   |   | 113,206 |   |
| Taxation                                                                                                      |   |   | 12     |   |                             |        | (64,659   | )                                 |   |   | 25,530 |   |   |   | (39,129 | ) |   |   | (28,140 | ) |   |   | 5,551 |   |   |   | (22,589 | ) |
| Profit for the period                                                                                         |   |   |   |   |                             |        | 185,328   |                              |   |   | (78,723 | ) |   |   | 106,605 |   |   |   | 126,114 |   |   |   | (35,497 | ) |   |   | 90,617 |   |
|                                                                                                          |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Attributable to:                                                                                              |   |   |   |   |                             |        |      |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity shareholders of the parent                                                                             |   |   |   |   |                             |        | 185,024   |                              |   |   | (78,723 | ) |   |   | 106,301 |   |   |   | 126,135 |   |   |   | (35,497 | ) |   |   | 90,638 |   |
| Non-controlling interests                                                                                     |   |   |   |   |                             |        | 304       |                              |   |   | - |   |   |   | 304 |   |   |   | (21 | ) |   |   | - |   |   |   | (21 | ) |
| Profit for the period                                                                                         |   |   |   |   |                             |        | 185,328   |                              |   |   | (78,723 | ) |   |   | 106,605 |   |   |   | 126,114 |   |   |   | (35,497 | ) |   |   | 90,617 |   |

----

|                                                          |   |   |   |   | Six months endedOctober 31, 2017 |        |    | Six months endedOctober 31, 2016* |   |        |    |   |
|---------------------------------------------------------------|--------|--------|--------|--------|----------------------------------|-------------|---------|-----------------------------------|--------|-------------|---------|--------|
|                                                          |   |   |   |   | (unaudited)                      |        |    | (unaudited)                       |   |        |    |   |
|                                                          |   | Note   |   |   | Before exceptional items         |        |    | Exceptionalitems(note 7)          |   |        | Total   |   |   | Before exceptional items |   |   | Exceptionalitems(note 7) |   |   | Total |   |
|                                                          |   |   |   |   |                             | $’000 |    |                              |   | $’000 |    |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Profit for the period                                         |   |   |   |   |                             | 185,328     |    |                              |   | (78,723     | )       |   |   | 106,605 |   |   |   | 126,114 |   |   |   | (35,497 | ) |   |   | 90,617 |   |
| Other comprehensive income:                                   |   |   |   |   |                             |        |    |                              |   |        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Items that will not be reclassified to profit or loss         |   |   |   |   |                             |        |    |                              |   |        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Actuarial gain/(loss) on pension schemes liabilities          |   |   | 22     |   |                             |        | 6,859   |                              |   |        | -       |   |   |   | 6,859 |   |   |   | (3,521 | ) |   |   | - |   |   |   | (3,521 | ) |
| Actuarial (loss)/gain on non-plan pension assets              |   |   | 22     |   |                             |        | (350    | )                                 |   |        | -       |   |   |   | (350 | ) |   |   | 2,482 |   |   |   | - |   |   |   | 2,482 |   |
| Deferred tax movement                                         |   |   |   |   |                             |        | (655    | )                                 |   |        | -       |   |   |   | (655 | ) |   |   | 326 |   |   |   | - |   |   |   | 326 |   |
| Items that may be subsequently reclassified to profit or loss |   |   |   |   |                             |        |    |                              |   |        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash flow hedge movements                                     |   |   | 24     |   |                             |        | 1,763   |                              |   |        | -       |   |   |   | 1,763 |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Currency translation differences                              |   |   |   |   |                             |        | 2,742   |                              |   |        | -       |   |   |   | 2,742 |   |   |   | (5,708 | ) |   |   | - |   |   |   | (5,708 | ) |
| Other comprehensive income/(expense) for the period           |   |   |   |   |                             |        | 10,359  |                              |   |        | -       |   |   |   | 10,359 |   |   |   | (6,421 | ) |   |   | - |   |   |   | (6,421 | ) |
| Total comprehensive income for the period                     |   |   |   |   |                             |        | 195,687 |                              |   |        | (78,723 | )      |   |   | 116,964 |   |   |   | 119,693 |   |   |   | (35,497 | ) |   |   | 84,196 |   |
| Attributable to:                                              |   |   |   |   |                             |        |    |                              |   |        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity shareholders of the parent                             |   |   |   |   |                             |        | 195,383 |                              |   |        | (78,723 | )      |   |   | 116,660 |   |   |   | 119,714 |   |   |   | (35,497 | ) |   |   | 84,217 |   |
| Non-controlling interests                                     |   |   |   |   |                             |        | 304     |                              |   |        | -       |   |   |   | 304 |   |   |   | (21 | ) |   |   | - |   |   |   | (21 | ) |
| Total comprehensive income for the period                     |   |   |   |   |                             |        | 195,687 |                              |   |        | (78,723 | )      |   |   | 116,964 |   |   |   | 119,693 |   |   |   | (35,497 | ) |   |   | 84,196 |   |
|                                                          |   |   |   |   |                             |        |    |                              |   |        |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings per share expressed in cents per share               |   |   |   |   |                             |        |    |                              |   |        |    |   |   | cents |   |   |   |   |   |   |   |   |   |   | cents |   |
| - basic                                                       |   |   | 10     |   |                             |        |    |                              |   |        |    |   |   |   | 35.83 |   |   |   |   |   |   |   |   |   |   |   | 39.57 |   |
| - diluted                                                     |   |   | 10     |   |                             |        |    |                              |   |        |    |   |   |   | 34.64 |   |   |   |   |   |   |   |   |   |   |   | 38.12 |   |
| Earnings per share expressed in pence per share               |   |   |   |   |                             |        |    |                              |   |        |    |   |   | pence |   |   |   |   |   |   |   |   |   |   | pence |   |
| - basic                                                       |   |   | 10     |   |                             |        |    |                              |   |        |    |   |   |   | 27.50 |   |   |   |   |   |   |   |   |   |   |   | 29.49 |   |
| - diluted                                                     |   |   | 10     |   |                             |        |    |                              |   |        |    |   |   |   | 26.58 |   |   |   |   |   |   |   |   |   |   |   | 28.41 |   |

----

|                                              |   | Note   |   |   | October 31, 2017(unaudited)$’000 |   |       | October 31, 2016(unaudited)$’000 |   |
|---------------------------------------------------|--------|--------|--------|--------|----------------------------------------|--------|------------|----------------------------------------|--------|
| Non-current assets                                |   |   |   |   |                                   |   |       |                                   |   |
| Goodwill                                          |   |   | 13     |   |                                   |   | 7,934,076  |                                   |   |   | 2,827,825 |   |
| Other intangible assets                           |   |   | 14     |   |                                   |   | 7,199,606  |                                   |   |   | 1,186,184 |   |
| Property, plant and equipment                     |   |   | 15     |   |                                   |   | 200,326    |                                   |   |   | 40,537 |   |
| Investments in associates                         |   |   | 16     |   |                                   |   | 11,019     |                                   |   |   | 11,584 |   |
| Derivative asset                                  |   |   | 20     |   |                                   |   | 1,307      |                                   |   |   | - |   |
| Long term pension assets                          |   |   | 22     |   |                                   |   | 23,650     |                                   |   |   | 24,120 |   |
| Other non-current assets                          |   |   |   |   |                                   |   | 45,348     |                                   |   |   | 3,230 |   |
| Deferred tax assets                               |   |   |   |   |                                   |   | 209,992    |                                   |   |   | 208,230 |   |
|                                              |   |   |   |   |                                   |   | 15,625,324 |                                   |   |   | 4,301,710 |   |
| Current assets                                    |   |   |   |   |                                   |   |       |                                   |   |   |   |   |
| Inventories                                       |   |   |   |   |                                   |   | 465        |                                   |   |   | 63 |   |
| Trade and other receivables                       |   |   | 17     |   |                                   |   | 1,251,582  |                                   |   |   | 277,958 |   |
| Current tax receivables                           |   |   |   |   |                                   |   | -          |                                   |   |   | 3,432 |   |
| Cash and cash equivalents                         |   |   |   |   |                                   |   | 730,372    |                                   |   |   | 122,970 |   |
| Assets classified as held for sale                |   |   |   |   |                                   |   | -          |                                   |   |   | 888 |   |
|                                              |   |   |   |   |                                   |   | 1,982,419  |                                   |   |   | 405,311 |   |
| Total assets                                      |   |   |   |   |                                   |   | 17,607,743 |                                   |   |   | 4,707,021 |   |
|                                              |   |   |   |   |                                   |   |       |                                   |   |   |   |   |
| Current liabilities                               |   |   |   |   |                                   |   |       |                                   |   |   |   |   |
| Trade and other payables                          |   |   | 18     |   |                                   |   | 934,749    |                                   |   |   | 151,163 |   |
| Borrowings                                        |   |   | 19     |   |                                   |   | 17,727     |                                   |   |   | 294,192 |   |
| Finance leases                                    |   |   |   |   |                                   |   | 14,481     |                                   |   |   | - |   |
| Provisions                                        |   |   | 21     |   |                                   |   | 55,678     |                                   |   |   | 15,420 |   |
| Current tax liabilities                           |   |   |   |   |                                   |   | 102,709    |                                   |   |   | 29,583 |   |
| Deferred income                                   |   |   |   |   |                                   |   | 1,312,635  |                                   |   |   | 582,412 |   |
|                                              |   |   |   |   |                                   |   | 2,437,979  |                                   |   |   | 1,072,770 |   |
| Non-current liabilities                           |   |   |   |   |                                   |   |       |                                   |   |   |   |   |
| Deferred income                                   |   |   |   |   |                                   |   | 335,463    |                                   |   |   | 204,342 |   |
| Borrowings                                        |   |   | 19     |   |                                   |   | 4,831,489  |                                   |   |   | 1,441,337 |   |
| Finance leases                                    |   |   |   |   |                                   |   | 18,413     |                                   |   |   | - |   |
| Retirement benefit obligations                    |   |   | 22     |   |                                   |   | 97,647     |                                   |   |   | 34,599 |   |
| Long-term provisions                              |   |   | 21     |   |                                   |   | 26,666     |                                   |   |   | 11,729 |   |
| Other non-current liabilities                     |   |   |   |   |                                   |   | 67,586     |                                   |   |   | 11,021 |   |
| Deferred tax liabilities                          |   |   |   |   |                                   |   | 2,166,639  |                                   |   |   | 349,464 |   |
|                                              |   |   |   |   |                                   |   | 7,543,903  |                                   |   |   | 2,052,492 |   |
| Total liabilities                                 |   |   |   |   |                                   |   | 9,981,882  |                                   |   |   | 3,125,262 |   |
| Net assets                                        |   |   |   |   |                                   |   | 7,625,861  |                                   |   |   | 1,581,759 |   |
| Capital and reserves                              |   |   |   |   |                                   |   |       |                                   |   |   |   |   |
| Share capital                                     |   |   | 23     |   |                                   |   | 65,590     |                                   |   |   | 39,650 |   |
| Share premium account                             |   |   |   |   |                                   |   | 36,422     |                                   |   |   | 190,727 |   |
| Merger reserve                                    |   |   | 24     |   |                                   |   | 5,780,184  |                                   |   |   | 988,104 |   |
| Capital redemption reserve                        |   |   | 24     |   |                                   |   | 666,289    |                                   |   |   | 163,363 |   |
| Hedging reserve                                   |   |   |   |   |                                   |   | 1,089      |                                   |   |   | - |   |
| Retained earnings                                 |   |   |   |   |                                   |   | 1,095,246  |                                   |   |   | 221,593 |   |
| Foreign currency translation deficit              |   |   |   |   |                                   |   | (20,217    | )                                      |   |   | (22,714 | ) |
| Total equity attributable to owners of the parent |   |   |   |   |                                   |   | 7,624,603  |                                   |   |   | 1,580,723 |   |
| Non-controlling interests                         |   |   | 25     |   |                                   |   | 1,258      |                                   |   |   | 1,036 |   |
| Total equity                                      |   |   |   |   |                                   |   | 7,625,861  |                                   |   |   | 1,581,759 |   |

----

|                                              |   |   |   |   | Share capital |        |   | Share premium account |   |        | Retainedearnings/(deficit) |   |   | Foreign currency translation reserve (deficit) |      |   | Capital redemption reserves |        |    | Hedging reserve |   |        | Merger reserve |   |   | Equity / (deficit) attributable to the parent |   |   | Non-controlling interests |        |      | Total equity / (deficit) |   |
|---------------------------------------------------|--------|--------|--------|--------|---------------|-------------|--------|-----------------------|--------|-------------|----------------------------|--------|--------|------------------------------------------------|-----------|--------|-----------------------------|-------------|---------|-----------------|--------|-------------|----------------|--------|--------|-----------------------------------------------|--------|--------|---------------------------|-------------|-----------|--------------------------|--------|
|                                              |   | Note   |   |   |          | $’000 |   |                  |   | $’000 |                       |   |   | $’000                                    |      |   |                        | $’000 |    |            |   | $’000 |           |   |   | $’000                                   |   |   |                      | $’000 |      |                     |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Balance as at May 1, 2016                         |   |   |   |   |          | 39,573      |   |                  |   | 190,293     |                       |   |   | 228,344                                        |      |   |                        | (17,006     | )       |            |   | 163,363     |           |   |   | -                                             |   |   |                      | 988,104     |      |                     |   | 1,592,671 |   |   |   | 1,057 |   |   |   | 1,593,728 |   |
| Currency translation differences                  |   |   |   |   |          | -           |   |                  |   | -           |                       |   |   | -                                              |      |   |                        | (5,708      | )       |            |   | -           |           |   |   | -                                             |   |   |                      | -           |      |                     |   | (5,708 | ) |   |   | - |   |   |   | (5,708 | ) |
| Profit for the period                             |   |   |   |   |          | -           |   |                  |   | -           |                       |   |   | 90,638                                         |      |   |                        | -           |    |            |   | -           |           |   |   | -                                             |   |   |                      | -           |      |                     |   | 90,638 |   |   |   | (21 | ) |   |   | 90,617 |   |
| Re-measurement on defined benefit pension schemes |   |   | 22     |   |          |        | -      |                  |   |        | -                          |   |   |                                           | (3,521    | )      |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | (3,521 | ) |   |   | - |   |   |   | (3,521 | ) |
| Re-measurement on long-term pension assets        |   |   | 22     |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 2,482     |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 2,482 |   |   |   | - |   |   |   | 2,482 |   |
| Deferred tax movement pensions                    |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 326       |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 326 |   |   |   | - |   |   |   | 326 |   |
| Total comprehensive income                        |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 89,925    |   |                        |        | (5,708  | )               |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 84,217 |   |   |   | (21 | ) |   |   | 84,196 |   |
| Transactions with owners:                         |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Dividends                                         |   |   | 9      |   |          |        | -      |                  |   |        | -                          |   |   |                                           | (111,023  | )      |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | (111,023 | ) |   |   | - |   |   |   | (111,023 | ) |
| Movement in relation to share options             |   |   |   |   |          |        | 77     |                  |   |        | 434                        |   |   |                                           | 11,266    |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 11,777 |   |   |   | - |   |   |   | 11,777 |   |
| Deferred tax on share options                     |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 3,081     |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 3,081 |   |   |   | - |   |   |   | 3,081 |   |
| Balance as at October 31, 2016                    |   |   |   |   |          |        | 39,650 |                  |   |        | 190,727                    |   |   |                                           | 221,593   |   |                        |        | (22,714 | )               |   |        | 163,363        |   |   |                                          | -      |   |                      |        | 988,104   |                     |   |   | 1,580,723 |   |   |   | 1,036 |   |   |   | 1,581,759 |   |
|                                              |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at May 1, 2017                            |   |   |   |   |          |        | 39,700 |                  |   |        | 192,145                    |   |   |                                           | 902,183   |   |                        |        | (22,959 | )               |   |        | 163,363        |   |   |                                          | -      |   |                      |        | 338,104   |                     |   |   | 1,612,536 |   |   |   | 954 |   |   |   | 1,613,490 |   |
| Currency translation differences                  |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | -         |   |                        |        | 2,742   |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 2,742 |   |   |   | - |   |   |   | 2,742 |   |
| Profit for the period                             |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 106,301   |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 106,301 |   |   |   | 304 |   |   |   | 106,605 |   |
| Re-measurement on defined benefit pension schemes |   |   | 22     |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 6,859     |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 6,859 |   |   |   | - |   |   |   | 6,859 |   |
| Re-measurement on long-term pension assets        |   |   | 22     |   |          |        | -      |                  |   |        | -                          |   |   |                                           | (350      | )      |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | (350 | ) |   |   | - |   |   |   | (350 | ) |
| Deferred tax movement pensions                    |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 19        |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 19 |   |   |   | - |   |   |   | 19 |   |
| Deferred tax movement on hedging                  |   |   | 24     |   |          |        | -      |                  |   |        | -                          |   |   |                                           | -         |   |                        |        | -       |            |   |        | -              |   |   |                                          | (674   | )      |                      |        | -         |                     |   |   | (674 | ) |   |   | - |   |   |   | (674 | ) |
| Cash flow hedge movement                          |   |   | 24     |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          | 1,763  |   |                      |        |      |                     |   |   | 1,763 |   |   |   |   |   |   |   | 1,763 |   |
| Total comprehensive income                        |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 112,829   |   |                        |        | 2,742   |            |   |        | -              |   |   |                                          | 1,089  |   |                      |        | -         |                     |   |   | 116,660 |   |   |   | 304 |   |   |   | 116,964 |   |
| Transactions with owners:                         |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Dividends                                         |   |   | 9      |   |          |        | -      |                  |   |        | -                          |   |   |                                           | (133,889  | )      |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | (133,889 | ) |   |   | - |   |   |   | (133,889 | ) |
| Share options:                                    |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Movement in relation to share options             |   |   | 23     |   |          |        | 43     |                  |   |        | 960                        |   |   |                                           | 15,015    |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 16,018 |   |   |   | - |   |   |   | 16,018 |   |
| Corporation tax on share options                  |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | 931       |   |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | 931 |   |   |   | - |   |   |   | 931 |   |
| Deferred tax on share options                     |   |   |   |   |          |        | -      |                  |   |        | -                          |   |   |                                           | (1,823    | )      |                        |        | -       |            |   |        | -              |   |   |                                          | -      |   |                      |        | -         |                     |   |   | (1,823 | ) |   |   | - |   |   |   | (1,823 | ) |
| Acquisitions:                                     |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares issued to acquire HPE Software             |   |   | 23,24  |   |          |        | 28,773 |                  |   |        | -                          |   |   |                                           | -         |   |                        |        | -       |            |   |        |           |   |   |                                          | -      |   |                      |        | 6,485,397 |                     |   |   | 6,514,170 |   |   |   | - |   |   |   | 6,514,170 |   |
| Share  reorganization and buy-back:          |   |   |   |   |          |        |   |                  |   |        |                       |   |   |                                           |      |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Return of Value – share consolidation       |   |   | 23,24  |   |          |        | (2,926 | )                     |   |        | -                          |   |   |                                           | -         |   |                        |        | -       |            |   |        | 2,926          |   |   |                                          | -      |   |                      |        | -         |                     |   |   | - |   |   |   | - |   |   |   | - |   |
| Issue and redemption of B shares                  |   |   | 23,24  |   |          |        | -      |                  |   |        | (156,683                   | )      |   |                                           | (500,000  | )      |                        |        | -       |            |   |        | 500,000        |   |   |                                          | -      |   |                      |        | (343,317  | )                        |   |   | (500,000 | ) |   |   | - |   |   |   | (500,000 | ) |
| Reallocation of merger reserve                    |   |   | 24     |   |          |        |   |                  |   |        |                       |   |   |                                           | 700,000   |   |                        |        |    |            |   |        |           |   |   |                                          |   |   |                      |        | (700,000  | )                        |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as at October 31, 2017                    |   |   |   |   |          |        | 65,590 |                  |   |        | 36,422                     |   |   |                                           | 1,095,246 |   |                        |        | (20,217 | )               |   |        | 666,289        |   |   |                                          | 1,089  |   |                      |        | 5,780,184 |                     |   |   | 7,624,603 |   |   |   | 1,258 |   |   |   | 7,625,861 |   |

----

|                                                    |   | Note   |   |   | Six monthsendedOctober 31, 2017$’000 |    |      | Six monthsendedOctober 31, 2016$’000 |   |
|---------------------------------------------------------|--------|--------|--------|--------|--------------------------------------------|---------|-----------|--------------------------------------------|--------|
| Cash flows from operating activities                    |   |   |   |   |                                       |    |      |                                       |   |
| Net profit for the period                               |   |   |   |   |                                       | 106,605 |      |                                       |   | 90,617 |   |
| Adjustments for:                                        |   |   |   |   |                                       |    |      |                                       |   |   |   |
| Net interest                                            |   |   | 11     |   |                                       |    | 73,788    |                                       |   |   | 48,953 |   |
| Taxation                                                |   |   | 12     |   |                                       |    | 39,129    |                                       |   |   | 22,589 |   |
| Share of results of associates                          |   |   | 16     |   |                                       |    | 438       |                                       |   |   | 1,127 |   |
| Operating profit                                        |   |   |   |   |                                       |    | 219,960   |                                       |   |   | 163,286 |   |
| Research and development tax credits                    |   |   |   |   |                                       |    | (2,185    | )                                          |   |   | (936 | ) |
| Depreciation                                            |   |   | 15     |   |                                       |    | 16,289    |                                       |   |   | 5,712 |   |
| Loss on disposal of property, plant and equipment       |   |   |   |   |                                       |    | 427       |                                       |   |   | 484 |   |
| Amortization of intangibles                             |   |   | 14     |   |                                       |    | 198,606   |                                       |   |   | 119,085 |   |
| Share-based compensation                                |   |   | 8      |   |                                       |    | 18,302    |                                       |   |   | 15,521 |   |
|  Exchange movements                                |   |   |   |   |                                       |    | (4,699    | )                                          |   |   | (9,270 | ) |
| Provisions movements                                    |   |   | 21     |   |                                       |    | 73,433    |                                       |   |   | 18,788 |   |
| Changes in working capital:                             |   |   |   |   |                                       |    |      |                                       |   |   |   |   |
| Inventories                                             |   |   |   |   |                                       |    | (216      | )                                          |   |   | 30 |   |
| Trade and other receivables                             |   |   |   |   |                                       |    | (231,762  | )                                          |   |   | 21,073 |   |
| Payables and other liabilities                          |   |   |   |   |                                       |    | 15,490    |                                       |   |   | (50,118 | ) |
| Provision utilization                                   |   |   | 21     |   |                                       |    | (55,489   | )                                          |   |   | (18,581 | ) |
| Deferred income                                         |   |   |   |   |                                       |    | 15,868    |                                       |   |   | (62,308 | ) |
| Pension funding in excess of charge to operating profit |   |   |   |   |                                       |    | 3,129     |                                       |   |   | (856 | ) |
| Cash generated from operations                          |   |   |   |   |                                       |    | 267,153   |                                       |   |   | 201,910 |   |
| Interest paid                                           |   |   |   |   |                                       |    | (82,341   | )                                          |   |   | (42,879 | ) |
| Bank loan costs                                         |   |   |   |   |                                       |    | (90,319   | )                                          |   |   | (5,864 | ) |
| Tax paid                                                |   |   |   |   |                                       |    | (20,472   | )                                          |   |   | (18,183 | ) |
| Net cash generated from operating activities            |   |   |   |   |                                       |    | 74,021    |                                       |   |   | 134,984 |   |
| Cash flows from investing activities                    |   |   |   |   |                                       |    |      |                                       |   |   |   |   |
| Payments for intangible assets                          |   |   | 14     |   |                                       |    | (35,650   | )                                          |   |   | (17,571 | ) |
| Purchase of property, plant and equipment               |   |   | 15     |   |                                       |    | (9,845    | )                                          |   |   | (6,454 | ) |
| Interest received                                       |   |   |   |   |                                       |    | 1,699     |                                       |   |   | 502 |   |
| Payment for acquisition of subsidiaries                 |   |   | 28     |   |                                       |    | -         |                                       |   |   | (293,797 | ) |
| Repayment of bank borrowings on acquisitions            |   |   | 28     |   |                                       |    | -         |                                       |   |   | (316,650 | ) |
| Net cash acquired with acquisitions                     |   |   | 28     |   |                                       |    | 320,729   |                                       |   |   | 68,173 |   |
| Net cash generated from/(used in) investing activities  |   |   |   |   |                                       |    | 276,933   |                                       |   |   | (565,797 | ) |
| Cash flows from financing activities                    |   |   |   |   |                                       |    |      |                                       |   |   |   |   |
| Proceeds from issue of ordinary share capital           |   |   |   |   |                                       |    | 1,161     |                                       |   |   | 467 |   |
| Purchase of treasury shares                             |   |   |   |   |                                       |    | -         |                                       |   |   | - |   |
| Return of value paid to shareholders                    |   |   | 27     |   |                                       |    | (500,000  | )                                          |   |   | - |   |
| Repayment of bank borrowings                            |   |   | 19     |   |                                       |    | (215,000  | )                                          |   |   | (126,375 | ) |
| Proceeds from bank borrowings                           |   |   | 19     |   |                                       |    | 1,043,815 |                                       |   |   | 115,000 |   |
| Dividends paid to owners                                |   |   | 9      |   |                                       |    | (133,889  | )                                          |   |   | (111,023 | ) |
| Net cash generated from/(used in) financing activities  |   |   |   |   |                                       |    | 196,087   |                                       |   |   | (121,931 | ) |
| Effects of exchange rate changes                        |   |   |   |   |                                       |    | 32,348    |                                       |   |   | 8,536 |   |
| Net increase/(decrease) in cash and cash equivalents    |   |   |   |   |                                       |    | 579,389   |                                       |   |   | (544,208 | ) |
| Cash and cash equivalents at beginning of period        |   |   |   |   |                                       |    | 150,983   |                                       |   |   | 667,178 |   |
| Cash and cash equivalents at end of period              |   |   |   |   |                                       |    | 730,372   |                                       |   |   | 122,970 |   |

----

|  | 1. | General information |
|--|----|---------------------|

|  | (a) | The following standards, interpretations and amendments to existing standards are now effective and have been adopted by the Group: |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Amendments to IAS 7, “Statement of cash flows” on disclosure initiative are effective on periods beginning on or after January 1, 2017 (not yet endorsed by the EU). This amendment introduces an additional disclosure that will enable users of financial statements to evaluate changes in liabilities arising from financing activities and is part of the IASB’s Disclosure Initiative, which continues to explore how financial statement disclosure can be improved. |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Amendments to IAS 12, ‘Income taxes’ on recognition of deferred tax assets for unrealized losses are effective on periods beginning on or after January 1, 2017 (not yet endorsed by the EU). These amendments clarify how to account for deferred tax assets originated from unrealized loss in debt instruments measured at fair value. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | (b) | The following standards, interpretations and amendments to existing standards are not yet effective and have not been adopted early by the Group: |
|--|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | IFRS 15 ‘Revenue from contracts with customers’ establishes the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer. Application of the standard is mandatory for annual reporting periods starting from January 1, 2018 onwards. Earlier application is permitted. The standard replaces IAS 18 ‘Revenue’ and IAS 11 ‘Construction contracts’ and related interpretations. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | IFRS 9 ‘Financial instruments’. This standard replaces the guidance in IAS 39 and applies to periods beginning on or after January 1, 2018. It includes requirements on the classification and measurement of financial assets and liabilities; it also includes an expected credit losses model that replaces the current incurred loss impairment model. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Amendment to IFRS 15, ‘Revenue from contracts with customers’. These amendments comprise guidance on performance obligations, accounting for licences of intellectual property and the principal versus agent assessment on periods beginning on or after January 1, 2018. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Amendments to IFRS 2, ‘Share based payments’ on clarifying how to account for certain types of share based payment transactions are effective on periods beginning on or after January 1, 2018 (not yet endorsed by the EU). These amendments clarify the measurement basis for cash-settled share-based payments and the accounting for modifications that change an award from cash-settled to equity-settled. It also introduces an exception to the principles in IFRS 2 that will require an award to be treated as if it was wholly equity-settled, where an employer is obliged to withhold an amount for the employee’s tax obligation associated with a share based payment and pay that amount to the tax authority. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | IFRS 16, ‘Leases’ addresses the definition of a lease, recognition and measurement of leases and establishes principles for reporting useful information to users of financial statements about the leasing activities of both lessees and lessors. A key change arising from IFRS 16 is that most operating leases will be accounted for on balance sheet for lessees. The standard replaces IAS 17 ‘Leases’, and related interpretations. The standard is effective for annual periods beginning on or after January 1, 2019 (not yet endorsed by the EU) and earlier application is permitted if the entity is adopting IFRS 15 ‘Revenue from contracts with customers’ at the same time. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Annual improvements 2014–2016, relating to amendments to IFRS 1, ‘First-time adoption of IFRS’ and IAS 28, ’Investments in associates and joint ventures’ regarding measuring an associate or joint venture at fair value applies for periods beginning on or after January 1, 2018 (not yet endorsed by the EU). |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | IFRIC 22, ‘Foreign currency transactions and advance consideration’ addresses foreign currency transactions or parts of transactions where there is consideration that is denominated or priced in a foreign currency. The interpretation provides guidance for when a single payment/receipt is made as well as for situations where multiple payments/receipts are made, effective for annual periods beginning on or after January 1, 2018 (not yet endorsed by the EU). |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | IFRIC 23, ‘Uncertainty over Income Tax Treatments’ clarifies how to apply the recognition and measurement requirements in IAS 12 when there is uncertainty over income tax treatments. In such a circumstance, an entity shall recognize and measure its current or deferred tax asset or liability applying IAS 12 based on taxable profit (tax loss), tax bases, unused tax losses, unused tax credits, and tax rates determined applying this interpretation. This interpretation is effective for annual periods beginning on or after January 1, 2019, subject to EU endorsement. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Retrospectively to each prior reporting period presented in accordance with IAS 8 “Accounting Policies, Changes in Accounting Estimates and Errors”, or |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Retrospectively with the cumulative effect of initially applying the standard recognized on the date of the initial application (cumulative catch-up approach). |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                              |   |   |   |   | Micro Focus        |        |    |              |   |        |                  |   |
|-------------------------------------------------------------------|--------|--------|--------|--------|--------------------|-------------|---------|--------------|--------|-------------|------------------|--------|
|                                                              |   | Note   |   |   | ExistingMicroFocus |        |    | HPE Software |   |        | MicroFocus Total |   |   | SUSE |   |   | Total |   |
|                                                              |   |   |   |   |               | $’000 |    |         |   | $’000 |             |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Revenue before fair value adjustment to acquired deferred revenue |   |   |   |   |               | 501,286     |    |         |   | 595,071     |             |   |   | 1,096,357 |   |   |   | 165,263 |   |   |   | 1,261,620 |   |
| Unwinding of fair value adjustment to acquired deferred revenue   |   |   |   |   |               | (948        | )       |         |   | (25,329     | )                |   |   | (26,277 | ) |   |   | (823 | ) |   |   | (27,100 | ) |
| Segment revenue                                                   |   |   |   |   |               | 500,338     |    |         |   | 569,742     |             |   |   | 1,070,080 |   |   |   | 164,440 |   |   |   | 1,234,520 |   |
| Directly managed costs                                            |   |   |   |   |               | (262,936    | )       |         |   | (352,750    | )                |   |   | (615,686 | ) |   |   | (98,614 | ) |   |   | (714,300 | ) |
| Allocation of centrally managed costs                             |   |   |   |   |               | 19,751      |    |         |   | (3,800      | )                |   |   | 15,951 |   |   |   | (15,951 | ) |   |   | - |   |
| Total segment costs                                               |   |   |   |   |               | (243,185    | )       |         |   | (356,550    | )                |   |   | (599,735 | ) |   |   | (114,565 | ) |   |   | (714,300 | ) |
| Adjusted Operating Profit                                         |   |   |   |   |               | 257,153     |    |         |   | 213,192     |             |   |   | 470,345 |   |   |   | 49,875 |   |   |   | 520,220 |   |
| Exceptional items                                                 |   |   | 7      |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (98,480 | ) |
| Share based compensation charge                                   |   |   | 8      |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (18,302 | ) |
| Amortization of purchased intangibles                             |   |   | 14     |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (183,478 | ) |
| Operating profit                                                  |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | 219,960 |   |
| Share of results of associates                                    |   |   | 16     |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (438 | ) |
| Net finance costs                                                 |   |   | 11     |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (73,788 | ) |
| Profit before tax                                                 |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | 145,734 |   |
|                                                              |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adjusted Operating Profit                                         |   |   |   |   |               |        | 257,153 |         |   |        | 213,192          |   |   |   | 470,345 |   |   |   | 49,875 |   |   |   | 520,220 |   |
| Depreciation of property, plant and equipment                     |   |   | 15     |   |               |        | 4,605   |         |   |        | 10,385           |   |   |   | 14,990 |   |   |   | 1,299 |   |   |   | 16,289 |   |
| Amortization of purchased software intangibles                    |   |   | 14     |   |               |        | 994     |         |   |        | 942              |   |   |   | 1,936 |   |   |   | 817 |   |   |   | 2,753 |   |
| Foreign exchange (credit)/debit                                   |   |   |   |   |               |        | (9,511  | )            |   |        | 2,331            |   |   |   | (7,180 | ) |   |   | 2,481 |   |   |   | (4,699 | ) |
| Net capitalization of product development costs                   |   |   | 14     |   |               |        | (4,503  | )            |   |        | -                |   |   |   | (4,503 | ) |   |   | - |   |   |   | (4,503 | ) |
| Adjusted EBITDA                                                   |   |   |   |   |               |        | 248,738 |         |   |        | 226,850          |   |   |   | 475,588 |   |   |   | 54,472 |   |   |   | 530,060 |   |
|                                                              |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total assets                                                      |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | 17,607,743 |   |
| Total liabilities                                                 |   |   |   |   |               |        |    |         |   |        |             |   |   |   |   |   |   |   |   |   |   |   | (9,981,882 | ) |

----

|                                                              |   |   |   |   | Micro Focus         |        |    |              |   |        |                 |   |
|-------------------------------------------------------------------|--------|--------|--------|--------|---------------------|-------------|---------|--------------|--------|-------------|-----------------|--------|
|                                                              |   | Note   |   |   | Existing MicroFocus |        |    | HPE Software |   |        | MicroFocusTotal |   |   | SUSE |   |   | Total |   |
|                                                              |   |   |   |   |                | $’000 |    |         |   | $’000 |            |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Revenue before fair value adjustment to acquired deferred revenue |   |   |   |   |                | 541,829     |    |         |   | -           |            |   |   | 541,829 |   |   |   | 149,318 |   |   |   | 691,147 |   |
| Unwinding of fair value adjustment to acquired deferred revenue   |   |   |   |   |                | (4,518      | )       |         |   | -           |            |   |   | (4,518 | ) |   |   | (1,886 | ) |   |   | (6,404 | ) |
| Segment revenue                                                   |   |   |   |   |                | 537,311     |    |         |   | -           |            |   |   | 537,311 |   |   |   | 147,432 |   |   |   | 684,743 |   |
| Directly managed costs                                            |   |   |   |   |                | (277,297    | )       |         |   | -           |            |   |   | (277,297 | ) |   |   | (81,197 | ) |   |   | (358,494 | ) |
| Allocation of centrally managed costs                             |   |   |   |   |                | 12,651      |    |         |   | -           |            |   |   | 12,651 |   |   |   | (12,651 | ) |   |   | - |   |
| Total segment costs                                               |   |   |   |   |                | (264,646    | )       |         |   | -           |            |   |   | (264,646 | ) |   |   | (93,848 | ) |   |   | (358,494 | ) |
| Adjusted Operating Profit                                         |   |   |   |   |                | 272,665     |    |         |   | -           |            |   |   | 272,665 |   |   |   | 53,584 |   |   |   | 326,249 |   |
| Exceptional items                                                 |   |   | 7      |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | (41,048 | ) |
| Share based compensation charge                                   |   |   | 8      |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | (15,521 | ) |
| Amortization of purchased intangibles                             |   |   | 14     |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | (106,394 | ) |
| Operating profit                                                  |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | 163,286 |   |
| Share of results of associates                                    |   |   | 16     |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | (1,127 | ) |
| Net finance costs                                                 |   |   | 11     |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | (48,953 | ) |
| Profit before tax                                                 |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | 113,206 |   |
|                                                              |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adjusted Operating Profit                                         |   |   |   |   |                |        | 272,665 |         |   |        | -               |   |   |   | 272,665 |   |   |   | 53,584 |   |   |   | 326,249 |   |
| Depreciation of property, plant and equipment                     |   |   | 15     |   |                |        | 4,759   |         |   |        | -               |   |   |   | 4,759 |   |   |   | 953 |   |   |   | 5,712 |   |
| Amortization of purchased software intangibles                    |   |   | 14     |   |                |        | 529     |         |   |        | -               |   |   |   | 529 |   |   |   | 45 |   |   |   | 574 |   |
| Foreign exchange credit                                           |   |   |   |   |                |        | (7,981  | )            |   |        | -               |   |   |   | (7,981 | ) |   |   | (1,289 | ) |   |   | (9,270 | ) |
| Net capitalization of product development costs                   |   |   | 14     |   |                |        | (2,931  | )            |   |        | -               |   |   |   | (2,931 | ) |   |   | - |   |   |   | (2,931 | ) |
| Adjusted EBITDA                                                   |   |   |   |   |                |        | 267,041 |         |   |        | -               |   |   |   | 267,041 |   |   |   | 53,293 |   |   |   | 320,334 |   |
|                                                              |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total assets                                                      |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | 4,707,021 |   |
| Total liabilities                                                 |   |   |   |   |                |        |    |         |   |        |            |   |   |   |   |   |   |   |   |   |   |   | 3,125,262 |   |

----

|  Six months ended October 31, 2017:                        |   | Licence$’000 |    |   | Maintenance$’000 |   |    | Subscription$’000 |   |   | Consulting$’000 |   |   | SaaS$’000 |   |   | Total$’000 |   |
|-----------------------------------------------------------------|--------|--------------------|---------|--------|------------------------|--------|---------|-------------------------|--------|--------|-----------------------|--------|--------|-----------------|--------|--------|------------------|--------|
| Existing Micro Focus:                                           |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |
| COBOL Development & Mainframe Solutions                     |   |               | 43,534  |   |                   |   | 77,753  |                    |   |   | -                     |   |   |            | 4,771  |   |             |   | - |   |   |   | 126,058 |   |
| Host Connectivity                                               |   |               | 15,116  |   |                   |   | 50,879  |                    |   |   | -                     |   |   |            | 539    |   |             |   | - |   |   |   | 66,534 |   |
| Identity, Access & Security                                 |   |               | 23,153  |   |                   |   | 68,164  |                    |   |   | -                     |   |   |            | 9,041  |   |             |   | - |   |   |   | 100,358 |   |
| Development & IT Operations Management Tools                |   |               | 27,534  |   |                   |   | 105,391 |                    |   |   | -                     |   |   |            | 7,290  |   |             |   | - |   |   |   | 140,215 |   |
| Collaboration & Networking                                  |   |               | 13,523  |   |                   |   | 52,895  |                    |   |   | -                     |   |   |            | 1,703  |   |             |   | - |   |   |   | 68,121 |   |
| Subtotal existing Micro Focus                                   |   |               | 122,860 |   |                   |   | 355,082 |                    |   |   | -                     |   |   |            | 23,344 |   |             |   | - |   |   |   | 501,286 |   |
| Unwinding of fair value adjustment to acquired deferred revenue |   |               | -       |   |                   |   | (948    | )                       |   |   | -                     |   |   |            | -      |   |             |   | - |   |   |   | (948 | ) |
| Total existing Micro Focus                                      |   |               | 122,860 |   |                   |   | 354,134 |                    |   |   | -                     |   |   |            | 23,344 |   |             |   | - |   |   |   | 500,338 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| HPE Software Acquisition:                                       |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| IT Operation Management                                         |   |               | 95,717  |   |                   |   | 84,345  |                    |   |   | -                     |   |   |            | 31,835 |   |             |   | 1,582 |   |   |   | 213,479 |   |
| Application Delivery Management                                 |   |               | 40,278  |   |                   |   | 99,619  |                    |   |   | -                     |   |   |            | 7,229  |   |             |   | 16,667 |   |   |   | 163,793 |   |
| Enterprise Security Product                                     |   |               | 42,897  |   |                   |   | 46,294  |                    |   |   | -                     |   |   |            | 9,287  |   |             |   | 5,981 |   |   |   | 104,459 |   |
| Platform                                                        |   |               | 18,655  |   |                   |   | 10,905  |                    |   |   | -                     |   |   |            | 2,909  |   |             |   | 95 |   |   |   | 32,564 |   |
| Information Management Business                                 |   |               | 14,866  |   |                   |   | 30,002  |                    |   |   | -                     |   |   |            | 4,562  |   |             |   | 31,346 |   |   |   | 80,776 |   |
| Subtotal HPE Software Acquisition                               |   |               | 212,413 |   |                   |   | 271,165 |                    |   |   | -                     |   |   |            | 55,822 |   |             |   | 55,671 |   |   |   | 595,071 |   |
| Unwinding of fair value adjustment to acquired deferred revenue |   |               | (7,592  | )      |                   |   | (13,751 | )                       |   |   | -                     |   |   |            | (682   | )      |             |   | (3,304 | ) |   |   | (25,329 | ) |
| Total HPE Software Acquisition                                  |   |               | 204,821 |   |                   |   | 257,414 |                    |   |   | -                     |   |   |            | 55,140 |   |             |   | 52,367 |   |   |   | 569,742 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| Total Micro Focus Product Portfolio                             |   |               | 327,681 |   |                   |   | 611,548 |                    |   |   | -                     |   |   |            | 78,484 |   |             |   | 52,367 |   |   |   | 1,070,080 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| SUSE Product Portfolio                                          |   |               | -       |   |                   |   | -       |                    |   |   | 163,455               |   |   |            | 1,808  |   |             |   | - |   |   |   | 165,263 |   |
| Unwinding of fair value adjustment to acquired deferred revenue |   |               | -       |   |                   |   | -       |                    |   |   | (823                  | )      |   |            | -      |   |             |   | - |   |   |   | (823 | ) |
| Total SUSE Product Portfolio                                    |   |               | -       |   |                   |   | -       |                    |   |   | 162,632               |   |   |            | 1,808  |   |             |   | - |   |   |   | 164,440 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| Total                                                           |   |               | 327,681 |   |                   |   | 611,548 |                    |   |   | 162,632               |   |   |            | 80,292 |   |             |   | 52,367 |   |   |   | 1,234,520 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| Six months ended October 31, 2016:                              |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| Micro Focus Product Portfolio:                                  |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| COBOL Development & Mainframe Solutions                     |   |               | 52,447  |   |                   |   | 75,320  |                    |   |   | -                     |   |   |            | 5,433  |   |             |   | - |   |   |   | 133,200 |   |
| Host Connectivity                                               |   |               | 38,898  |   |                   |   | 52,998  |                    |   |   | -                     |   |   |            | 935    |   |             |   | - |   |   |   | 92,831 |   |
| Identity, Access & Security                                 |   |               | 19,845  |   |                   |   | 71,078  |                    |   |   | -                     |   |   |            | 10,211 |   |             |   | - |   |   |   | 101,134 |   |
| Development & IT Operations Management Tools                |   |               | 24,509  |   |                   |   | 111,974 |                    |   |   | -                     |   |   |            | 7,336  |   |             |   | - |   |   |   | 143,819 |   |
| Collaboration & Networking                                  |   |               | 11,174  |   |                   |   | 57,379  |                    |   |   | -                     |   |   |            | 2,292  |   |             |   | - |   |   |   | 70,845 |   |
| Total Micro Focus Product Portfolio                             |   |               | 146,873 |   |                   |   | 368,749 |                    |   |   | -                     |   |   |            | 26,207 |   |             |   | - |   |   |   | 541,829 |   |
| Unwinding of fair value adjustment to acquired deferred revenue |   |               | -       |   |                   |   | (4,518  | )                       |   |   | -                     |   |   |            | -      |   |             |   | - |   |   |   | (4,518 | ) |
| Total Micro Focus Product Portfolio                             |   |               | 146,873 |   |                   |   | 364,231 |                    |   |   | -                     |   |   |            | 26,207 |   |             |   | - |   |   |   | 537,311 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| SUSE Product Portfolio                                          |   |               | -       |   |                   |   | -       |                    |   |   | 146,811               |   |   |            | 2,507  |   |             |   | - |   |   |   | 149,318 |   |
| Unwinding of fair value adjustment to acquired deferred revenue |   |               | -       |   |                   |   | -       |                    |   |   | (1,886                | )      |   |            | -      |   |             |   | - |   |   |   | (1,886 | ) |
| Total SUSE Product Portfolio                                    |   |               | -       |   |                   |   | -       |                    |   |   | 144,925               |   |   |            | 2,507  |   |             |   | - |   |   |   | 147,432 |   |
|                                                            |   |               |    |   |                   |   |    |                    |   |   |                  |   |   |            |   |   |             |   |   |   |   |   |   |   |
| Total                                                           |   |               | 146,873 |   |                   |   | 364,231 |                    |   |   | 144,925               |   |   |            | 28,714 |   |             |   | - |   |   |   | 684,743 |   |

----

|                                              |   | Six monthsendedOctober 31, 2017 |        |   | Six monthsendedOctober 31, 2016 |   |
|---------------------------------------------------|--------|---------------------------------|-------------|--------|---------------------------------|--------|
| Reported within Operating profit:                 |   |                            | $’000 |   |                            |   | $’000 |   |
| Integration costs                                 |   |                            | 20,029      |   |                            |   | 13,432 |   |
| Pre-acquisition costs                             |   |                            | 43,025      |   |                            |   | 19,669 |   |
| Acquisition costs                                 |   |                            | 25,820      |   |                            |   | 1,468 |   |
| Property related (release)/ costs                 |   |                            | (196        | )      |                            |   | 2,521 |   |
| Severance and legal costs                         |   |                            | 9,802       |   |                            |   | 3,958 |   |
|                                              |   |                            | 98,480      |   |                            |   | 41,048 |   |
|                                              |   |                            |        |   |                            |   |   |   |
| Reported within finance costs:                    |   |                            |        |   |                            |   |   |   |
| Finance costs incurred in escrow period (note 11) |   |                            | 6,326       |   |                            |   | - |   |
| Reported within finance income:                   |   |                            |        |   |                            |   |   |   |
| Finance income earned in escrow period (note 11)  |   |                            | (553        | )      |                            |   | - |   |
|                                              |   |                            | 5,773       |   |                            |   | - |   |
|                                              |   |                            |        |   |                            |   |   |   |
| Total exceptional costs                           |   |                            | 104,253     |   |                            |   | 41,048 |   |

----

|                                             |   | Six months ended October 31, 2017 |        |   | Six months ended October 31, 2016 |   |
|--------------------------------------------------|--------|-----------------------------------|-------------|--------|-----------------------------------|--------|
|                                             |   | Total earnings                    |        |   | Weightedaveragenumberof shares    |   |   | Per share amount |   |   | Per share amount |   |   | Totalearnings |   |   | Weighted average numberof shares |   |   | Per share amount |   |   | Per share amount |   |
|                                             |   |                              | $’000 |   |                              |   | ‘000 |   |   | Cents |   |   | Pence |   |   |   | $’000 |   |   |   | ‘000 |   |   | Cents |   |   | Pence |   |
| Basic EPS                                        |   |                              |        |   |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings attributable to ordinary shareholders 1 |   |                              | 106,301     |   |                              |   | 296,698 |   |   |   | 35.83 |   |   |   | 27.50 |   |   |   | 90,638 |   |   |   | 229,067 |   |   |   | 39.57 |   |   |   | 29.49 |   |
| Effect of dilutive securities                    |   |                              |        |   |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Options                                          |   |                              |        |   |                              |   | 10,207 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8,689 |   |   |   |   |   |   |   |   |   |
| Diluted EPS                                      |   |                              |        |   |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings attributable to ordinary shareholders   |   |                              | 106,301     |   |                              |   | 306,905 |   |   |   | 34.64 |   |   |   | 26.58 |   |   |   | 90,638 |   |   |   | 237,756 |   |   |   | 38.12 |   |   |   | 28.41 |   |

|                                                        |   | Six monthsendedOctober 31, 2017 |        |   | Six monthsendedOctober 31, 2016 |   |
|-------------------------------------------------------------|--------|---------------------------------|-------------|--------|---------------------------------|--------|
|                                                        |   |                            | $’000 |   |                            |   | $’000 |   |
| Finance costs                                               |   |                            |        |   |                            |   |   |   |
| Interest on bank borrowings                                 |   |                            | 59,540      |   |                            |   | 41,627 |   |
| Amortization of facility costs and original issue discounts |   |                            | 13,448      |   |                            |   | 7,302 |   |
| Finance costs on bank borrowings                            |   |                            | 72,988      |   |                            |   | 48,929 |   |
| Net interest expense on retirement obligations (note 22)    |   |                            | 579         |   |                            |   | 262 |   |
| Finance lease expense                                       |   |                            | 1,161       |   |                            |   | - |   |
| Interest rate swaps: cash flow hedges, transfer from equity |   |                            | 456         |   |                            |   | - |   |
| Other                                                       |   |                            | 303         |   |                            |   | 264 |   |
| Total                                                       |   |                            | 75,487      |   |                            |   | 49,455 |   |
|                                                        |   |                            |        |   |                            |   |   |   |
| Finance income                                              |   |                            |        |   |                            |   |   |   |
| Bank interest                                               |   |                            | 1,030       |   |                            |   | 315 |   |
| Interest on non-plan pension assets (note 22)               |   |                            | 231         |   |                            |   | 187 |   |
| Other                                                       |   |                            | 438         |   |                            |   | - |   |
| Total                                                       |   |                            | 1,699       |   |                            |   | 502 |   |
|                                                        |   |                            |        |   |                            |   |   |   |
| Net finance cost                                            |   |                            | 73,788      |   |                            |   | 48,953 |   |
|                                                        |   |                            |        |   |                            |   |   |   |
| Included within exceptional items (note 7)                  |   |                            |        |   |                            |   |   |   |
| Finance costs incurred in escrow period                     |   |                            | 6,326       |   |                            |   | - |   |
| Finance income earned in escrow period                      |   |                            | (553        | )      |                            |   | - |   |
|                                                        |   |                            | 5,773       |   |                            |   | - |   |

----

|                                                                   |   | October 31, 2017 |        |   | October 31, 2016 |   |
|------------------------------------------------------------------------|--------|------------------|-------------|--------|------------------|--------|
| Cost and Net book value                                                |   |             | $’000 |   |             |   | $’000 |   |
| At May 1,                                                              |   |             | 2,828,604   |   |             |   | 2,436,168 |   |
| Acquisition (note 28)                                                  |   |             | 5,105,472   |   |             |   | 391,657 |   |
| At October 31                                                          |   |             | 7,934,076   |   |             |   | 2,827,825 |   |
|                                                                   |   |             |        |   |             |   |   |   |
| A segment-level summary of the goodwill allocation is presented below: |   |             |        |   |             |   |   |   |
| Micro Focus                                                            |   |             | 7,074,510   |   |             |   | 1,968,259 |   |
| SUSE                                                                   |   |             | 859,566     |   |             |   | 859,566 |   |
|                                                                   |   |             | 7,934,076   |   |             |   | 2,827,825 |   |

|                                   |   |               |        |   |                      |   |        |                  |   |
|----------------------------------------|--------|--------------------|-------------|--------|---------------------------|--------|-------------|-----------------------|--------|
|                                   |   |               |        |   |                      |   |        | Purchased intangibles |   |
|                                   |   | Purchased software |        |   | Product Development costs |   |        | Technology            |   |   | Trade names |   |   | Customer relationships |   |   | Lease contracts |   |   | Total |   |
|                                   |   |               | $’000 |   |                      |   | $’000 |                  |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Net book value                         |   |               |        |   |                      |   |        |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| At May 1, 2016                         |   |               | 1,967       |   |                      |   | 43,249      |                  |   |   | 149,784 |   |   |   | 194,656 |   |   |   | 576,899 |   |   |   | - |   |   |   | 966,555 |   |
| Acquisitions                           |   |               | 79          |   |                      |   | -           |                  |   |   | 90,175 |   |   |   | 22,111 |   |   |   | 210,744 |   |   |   | - |   |   |   | 323,109 |   |
| Additions                              |   |               | 2,226       |   |                      |   | 15,048      |                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 17,274 |   |
| Additions – external consultants |   |               | -           |   |                      |   | 297         |                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 297 |   |
| Charge for the period                  |   |               | (574        | )      |                      |   | (12,117     | )                     |   |   | (37,027 | ) |   |   | (5,501 | ) |   |   | (63,866 | ) |   |   | - |   |   |   | (119,085 | ) |
| Exchange adjustments                   |   |               | (1,966      | )      |                      |   | -           |                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,966 | ) |
| At October 31, 2016                    |   |               | 1,732       |   |                      |   | 46,477      |                  |   |   | 202,932 |   |   |   | 211,266 |   |   |   | 723,777 |   |   |   | - |   |   |   | 1,186,184 |   |
|                                   |   |               |        |   |                      |   |        |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net book value                         |   |               |        |   |                      |   |        |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| At May 1, 2017                         |   |               | 3,665       |   |                      |   | 49,127      |                  |   |   | 175,931 |   |   |   | 200,772 |   |   |   | 659,875 |   |   |   | - |   |   |   | 1,089,370 |   |
| Acquisition (note 28)                  |   |               | 72,825      |   |                      |   | -           |                  |   |   | 1,775,000 |   |   |   | 188,000 |   |   |   | 4,222,000 |   |   |   | 15,000 |   |   |   | 6,272,825 |   |
| Additions                              |   |               | 18,266      |   |                      |   | 16,878      |                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 35,144 |   |
| Additions- external consultants        |   |               | -           |   |                      |   | 506         |                  |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 506 |   |
| Charge for the period                  |   |               | (2,753      | )      |                      |   | (12,375     | )                     |   |   | (63,101 | ) |   |   | (10,109 | ) |   |   | (109,820 | ) |   |   | (448 | ) |   |   | (198,606 | ) |
| Exchange adjustments                   |   |               | 433         |   |                      |   | (66         | )                     |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 367 |   |
| At October 31, 2017                    |   |               | 92,436      |   |                      |   | 54,070      |                  |   |   | 1,887,830 |   |   |   | 378,663 |   |   |   | 4,772,055 |   |   |   | 14,552 |   |   |   | 7,199,606 |   |

----

|                   |   | Freehold land |        |   | Leasehold    |   |        | Computer  |   |   | Fixtures     |   |   |   |        |
|------------------------|--------|---------------|-------------|--------|--------------|--------|-------------|-----------|--------|--------|--------------|--------|--------|--------|-------------|
|                   |   | and buildings |        |   | improvements |   |        | equipment |   |   | and fittings |   |   | Total  |        |
|                   |   |          | $’000 |   |         |   | $’000 |      |   |   | $’000  |   |   |   | $’000 |   |   |   | $’000 |   |
| Net book value         |   |          |        |   |         |   |        |      |   |   |         |   |   |   |        |   |   |   |   |   |
| At May 1, 2016         |   |          | 13,612      |   |         |   | 14,604      |      |   |   | 8,714        |   |   |   | 3,937       |   |   |   | 40,867 |   |
| Acquisitions           |   |          | -           |   |         |   | 1,057       |      |   |   | 770          |   |   |   | 295         |   |   |   | 2,122 |   |
| Additions              |   |          | 18          |   |         |   | 2,329       |      |   |   | 3,926        |   |   |   | 181         |   |   |   | 6,454 |   |
| Disposals              |   |          | -           |   |         |   | (286        | )         |   |   | (79          | )      |   |   | (119        | ) |   |   | (484 | ) |
| Charge for the period  |   |          | (182        | )      |         |   | (2,060      | )         |   |   | (2,919       | )      |   |   | (551        | ) |   |   | (5,712 | ) |
| Exchange adjustments   |   |          | (2,057      | )      |         |   | (209        | )         |   |   | (366         | )      |   |   | (78         | ) |   |   | (2,710 | ) |
| At October 31, 2016    |   |          | 11,391      |   |         |   | 15,435      |      |   |   | 10,046       |   |   |   | 3,665       |   |   |   | 40,537 |   |
|                   |   |          |        |   |         |   |        |      |   |   |         |   |   |   |        |   |   |   |   |   |
| Net book value         |   |          |        |   |         |   |        |      |   |   |         |   |   |   |        |   |   |   |   |   |
| At May 1, 2017         |   |          | 12,512      |   |         |   | 14,518      |      |   |   | 10,552       |   |   |   | 3,374       |   |   |   | 40,956 |   |
| Acquisitions (note 28) |   |          | 20,044      |   |         |   | 41,041      |      |   |   | 80,775       |   |   |   | 23,804      |   |   |   | 165,664 |   |
| Additions              |   |          | 206         |   |         |   | 966         |      |   |   | 6,287        |   |   |   | 2,386       |   |   |   | 9,845 |   |
| Disposals              |   |          | -           |   |         |   | (176        | )         |   |   | (20          | )      |   |   | (231        | ) |   |   | (427 | ) |
| Charge for the period  |   |          | (296        | )      |         |   | (3,648      | )         |   |   | (10,296      | )      |   |   | (2,049      | ) |   |   | (16,289 | ) |
| Exchange adjustments   |   |          | 229         |   |         |   | 247         |      |   |   | 40           |   |   |   | 61          |   |   |   | 577 |   |
| At October 31, 2017    |   |          | 32,695      |   |         |   | 52,948      |      |   |   | 87,338       |   |   |   | 27,345      |   |   |   | 200,326 |   |

|                                 |   |   | $’000 |   |
|--------------------------------------|--------|--------|-------------|--------|
| At May 1, 2016                       |   |   | 12,711      |   |
| Share of post-tax loss of associates |   |   | (1,127      | )      |
| At October 31, 2016                  |   |   | 11,584      |   |
|                                 |   |   |        |   |
| At May 1, 2017                       |   |   | 11,457      |   |
| Share of post-tax loss of associates |   |   | (438        | )      |
| At October 31, 2017                  |   |   | 11,019      |   |

| Company name               | Country of incorporation and principal place of business | Proportion held | Principal activities         |
|----------------------------|----------------------------------------------------------|-----------------|------------------------------|
| Open Invention Network LLC | USA                                                      | 12.5%           | Sale and support of software |

|                    |   | September 30, 2017 |        |   | September 30, 2016 |   |
|-------------------------|--------|--------------------|-------------|--------|--------------------|--------|
|                    |   |               | $’000 |   |               |   | $’000 |   |
| Non-current assets      |   |               | 39,201      |   |               |   | 39,879 |   |
| Current assets          |   |               | 51,044      |   |               |   | 61,684 |   |
| Current liabilities     |   |               | (695        | )      |               |   | (541 | ) |
| Non-current liabilities |   |               | (656        | )      |               |   | (367 | ) |
| Equity                  |   |               | 88,894      |   |               |   | 100,655 |   |

----

|     |   | September 30, 2017 |        |   | September 30, 2016 |   |
|----------|--------|--------------------|-------------|--------|--------------------|--------|
|     |   |               | $’000 |   |               |   | $’000 |   |
| Revenue  |   |               | -           |   |               |   | - |   |
| Net loss |   |               | (3,760      | )      |               |   | (8,217 | ) |

|                                                                  |   | 2017   |        |   | 2016   |   |
|-----------------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|
|                                                                  |   |   | $’000 |   |   |   | $’000 |   |
| Loss attributable to the Group for the six months ended September 30, |   |   | (470        | )      |   |   | (1,027 | ) |
| Adjustment on estimated October result attributable to the Group      |   |   | 32          |   |   |   | (100 | ) |
| Loss attributable to the Group for the six months ended October 31,   |   |   | (438        | )      |   |   | (1,127 | ) |

|                                                |   | October 31, 2017 |        |   | October 31, 2016 |   |
|-----------------------------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                                                |   |             | $’000 |   |             |   | $’000 |   |
| Trade receivables                                   |   |             | 1,057,150   |   |             |   | 257,486 |   |
| Less: provision for impairment of trade receivables |   |             | (51,318     | )      |             |   | (3,768 | ) |
| Trade receivables net                               |   |             | 1,005,832   |   |             |   | 253,718 |   |
| Prepayments                                         |   |             | 51,733      |   |             |   | 21,353 |   |
| Other receivables                                   |   |             | 193,175     |   |             |   | 2,436 |   |
| Accrued income                                      |   |             | 842         |   |             |   | 451 |   |
| Total                                               |   |             | 1,251,582   |   |             |   | 277,958 |   |

|                    |   | October 31, 2017$’000 |    |   | October 31, 2016$’000 |   |
|-------------------------|--------|-----------------------------|---------|--------|-----------------------------|--------|
| Trade payables          |   |                        | 89,143  |   |                        |   | 14,301 |   |
| Tax and social security |   |                        | 95,018  |   |                        |   | 9,250 |   |
| Accruals                |   |                        | 750,588 |   |                        |   | 127,612 |   |
| Total                   |   |                        | 934,749 |   |                        |   | 151,163 |   |

|                                                                             |   | October 31, 2017 |       |   | October 31, 2016 |   |
|----------------------------------------------------------------------------------|--------|------------------|------------|--------|------------------|--------|
|                                                                             |   | $                | ’000 |   |             | $      | ’000 |   |
| Bank loans secured                                                               |   |             | 5,047,692  |   |             |   | 1,775,875 |   |
| Unamortized prepaid  facility arrangement fees and original issue discounts |   |             | (198,476   | )      |             |   | (40,346 | ) |
|                                                                             |   |             | 4,849,216  |   |             |   | 1,735,529 |   |

|                    |   | October 31, 2017  |        |   | October 31, 2016                                                       |   |
|-------------------------|--------|-------------------|-------------|--------|------------------------------------------------------------------------|--------|
|                    |   | Bank loan secured |        |   | Unamortizedprepaid facilityarrangementfees and originalissue discounts |   |   | Total |   |   | Bank loan secured |   |   | Unamortized prepaid facilityarrangementfees and originalissue discounts |   |   | Total |   |
| Reported within:        |   |              | $’000 |   |                                                                   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Current liabilities     |   |              | 37,858      |   |                                                                   |   | (20,131 | ) |   |   | 17,727 |   |   |   | 307,750 |   |   |   | (13,558 | ) |   |   | 294,192 |   |
| Non-current liabilities |   |              | 5,009,834   |   |                                                                   |   | (178,345 | ) |   |   | 4,831,489 |   |   |   | 1,468,125 |   |   |   | (26,788 | ) |   |   | 1,441,337 |   |
|                    |   |              | 5,047,692   |   |                                                                   |   | (198,476 | ) |   |   | 4,849,216 |   |   |   | 1,775,875 |   |   |   | (40,346 | ) |   |   | 1,735,529 |   |

----

|  | · | In relation to the existing senior secured term loans issued by MA FinanceCo, LLC the lenders in the Term Loan C of $412.5 million due November 2019 were offered a cashless roll of their investment into the existing Term Loan B, becoming Term Loan B-2, due November 2021 and this loan was re-priced to LIBOR plus 2.50% (subject to a LIBOR floor of 0.00%) and as a result of the cashless rollover increased in size from $1,102.7 million to $1,515.2 million, effective from April 28, 2017. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The new $2,600.0 million senior secured seven-year term loan B issued by Seattle SpinCo. Inc. is priced at LIBOR plus 2.75% (subject to a LIBOR floor of 0.00%) with an original issue discount of 0.25%; |
|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The new $385.0 million senior secured seven-year term loan B issued by MA FinanceCo LLC is also priced at LIBOR plus 2.75% (subject to a LIBOR floor of 0.00%) with an original issue discount of 0.25%; and |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | The new Euro 470.0 million (equivalent to $547.5 million) senior secured seven-year term loan B issued by MA FinanceCo LLC is priced at EURIBOR plus 3.00% (subject to a EURIBOR floor of 0.00%) with an original issue discount of 0.25%. |
|--|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Fund the pre-Completion cash payment by Seattle SpinCo. Inc. to HPE of $2,500.0 million (subject to certain adjustments in limited circumstances); |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Fund the Return of Value to Micro Focus’ existing Shareholders of $500.0m; and |
|--|--------|--------------------------------------------------------------------------------------|

|  | · | Pay transaction costs relating to the acquisition of HPE Software. |
|--|--------|--------------------------------------------------------------------|

|                |   | Term Loan B-2 |        |   | TermLoan B |   |        | TermLoan C |   |   | TermLoan B-3 |   |   | HPE Software Term Loan |        |   | EuroLoan |   |        | Revolving Facility |   |   | Total       |   |
|---------------------|--------|---------------|-------------|--------|------------|--------|-------------|------------|--------|--------|--------------|--------|--------|------------------------|-------------|--------|----------|--------|-------------|--------------------|--------|--------|-------------|--------|
|                |   |          | $’000 |   |       |   | $’000 |       |   |   | $’000  |   |   |                   | $’000 |   |     |   | $’000 |               |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| At May 1,2017       |   |          | 1,515,188   |   |       |   | -           |       |   |   | -            |   |   |                   | -           |   |     |   | -           |               |   |   | -           |   |   |   | 80,000 |   |   |   | 1,595,188 |   |
| Acquisitions        |   |          | -           |   |       |   | -           |       |   |   | -            |   |   |                   | -           |   |     |   | 2,600,000   |               |   |   | -           |   |   |   | - |   |   |   | 2,600,000 |   |
| Repayments          |   |          | -           |   |       |   | -           |       |   |   | -            |   |   |                   | -           |   |     |   | -           |               |   |   | -           |   |   |   | (215,000 | ) |   |   | (215,000 | ) |
| Draw downs          |   |          | -           |   |       |   | -           |       |   |   | -            |   |   |                   | 385,000     |   |     |   | -           |               |   |   | 523,815     |   |   |   | 135,000 |   |   |   | 1,043,815 |   |
| Foreign exchange    |   |          |        |   |       |   | -           |       |   |   | -            |   |   |                   | -           |   |     |   | -           |               |   |   | 23,689      |   |   |   | - |   |   |   | 23,689 |   |
| At October 31, 2017 |   |          | 1,515,188   |   |       |   | -           |       |   |   | -            |   |   |                   | 385,000     |   |     |   | 2,600,000   |               |   |   | 547,504     |   |   |   | - |   |   |   | 5,047,692 |   |

----

|                                                                       |   | TermLoan B-2 |        |   | TermLoan B-3 |   |        | HPE SoftwareTerm Loan |   |   | EuroLoan    |   |   | Revolving Facility |        |   | Total  |   |
|----------------------------------------------------------------------------|--------|--------------|-------------|--------|--------------|--------|-------------|-----------------------|--------|--------|-------------|--------|--------|--------------------|-------------|--------|--------|--------|
|                                                                       |   |         | $’000 |   |         |   | $’000 |                  |   |   | $’000 |   |   |               | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Within one year                                                            |   |         | 68,675      |   |         |   | 18,424      |                  |   |   | 124,421     |   |   |               | 20,728      |   |   |   | - |   |   |   | 232,248 |   |
| In one to two years                                                        |   |         | 71,925      |   |         |   | 19,241      |                  |   |   | 129,937     |   |   |               | 21,941      |   |   |   | - |   |   |   | 243,044 |   |
| In two to three years                                                      |   |         | 71,505      |   |         |   | 19,127      |                  |   |   | 129,168     |   |   |               | 21,819      |   |   |   | - |   |   |   | 241,619 |   |
| In three to four years                                                     |   |         | 70,777      |   |         |   | 18,929      |                  |   |   | 127,834     |   |   |               | 21,608      |   |   |   | - |   |   |   | 239,148 |   |
| In four to five years                                                      |   |         | 1,461,548   |   |         |   | 18,774      |                  |   |   | 126,783     |   |   |               | 21,441      |   |   |   | - |   |   |   | 1,628,546 |   |
| In more than five years                                                    |   |         | -           |   |         |   | 390,865     |                  |   |   | 2,639,609   |   |   |               | 547,338     |   |   |   | - |   |   |   | 3,577,812 |   |
|                                                                       |   |         | 1,744,430   |   |         |   | 485,360     |                  |   |   | 3,277,752   |   |   |               | 654,875     |   |   |   | - |   |   |   | 6,162,417 |   |
| Unamortized prepaid facility arrangement fees and original issue discounts |   |         | (66,387     | )      |         |   | (12,257     | )                     |   |   | (84,469     | )      |   |               | (16,690     | )      |   |   | (18,673 | ) |   |   | (198,476 | ) |
| At  October 31, 2017                                                  |   |         | 1,678,043   |   |         |   | 473,103     |                  |   |   | 3,193,283   |   |   |               | 638,185     |   |   |   | (18,673 | ) |   |   | 5,963,941 |   |

|                                               |   | October 31, 2017 |        |   | October 31, 2016 |   |
|----------------------------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                                               |   |             | $’000 |   |             |   | $’000 |   |
| Derivative financial instruments-non-current asset |   |             | 1,307       |   |             |   | - |   |

----

|                             |   | October 31, 2017 |        |   | October 31, 2016 |   |
|----------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                             |   |             | $’000 |   |             |   | $’000 |   |
| Onerous leases and dilapidations |   |             | 24,932      |   |             |   | 16,687 |   |
| Restructuring and integration    |   |             | 53,771      |   |             |   | 7,340 |   |
| Legal                            |   |             | 3,541       |   |             |   | 3,022 |   |
| Other                            |   |             | 100         |   |             |   | 100 |   |
| Total                            |   |             | 82,344      |   |             |   | 27,149 |   |
|                             |   |             |        |   |             |   |   |   |
| Current                          |   |             | 55,678      |   |             |   | 15,420 |   |
| Non-current                      |   |             | 26,666      |   |             |   | 11,729 |   |
| Total                            |   |             | 82,344      |   |             |   | 27,149 |   |

|                                  |   | Onerous leases anddilapidations |        |   | Restructuring andintegration |   |        | Legal  |   |   | Other       |   |   | Total  |        |
|---------------------------------------|--------|---------------------------------|-------------|--------|------------------------------|--------|-------------|--------|--------|--------|-------------|--------|--------|--------|-------------|
|                                  |   |                            | $’000 |   |                         |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| At May 1, 2017                        |   |                            | 16,243      |   |                         |   | 12,132      |   |   |   | 3,220       |   |   |   | 484         |   |   |   | 32,079 |   |
| Acquisitions - HPE Software (note 28) |   |                            | 11,321      |   |                         |   | 21,398      |   |   |   | -           |   |   |   | -           |   |   |   | 32,719 |   |
| Additional provision in the period    |   |                            | 547         |   |                         |   | 74,202      |   |   |   | 809         |   |   |   | -           |   |   |   | 75,558 |   |
| Released                              |   |                            | (1,006      | )      |                         |   | (325        | )      |   |   | (410        | )      |   |   | (384        | ) |   |   | (2,125 | ) |
| Utilization of provision              |   |                            | (2,255      | )      |                         |   | (53,162     | )      |   |   | (72         | )      |   |   | -           |   |   |   | (55,489 | ) |
| Exchange adjustments                  |   |                            | 82          |   |                         |   | (474        | )      |   |   | (6          | )      |   |   | -           |   |   |   | (398 | ) |
| At October 31, 2017                   |   |                            | 24,932      |   |                         |   | 53,771      |   |   |   | 3,541       |   |   |   | 100         |   |   |   | 82,344 |   |
|                                  |   |                            |        |   |                         |   |        |   |   |   |        |   |   |   |        |   |   |   |   |   |
| Current                               |   |                            | 3,338       |   |                         |   | 48,799      |   |   |   | 3,541       |   |   |   | -           |   |   |   | 55,678 |   |
| Non-current                           |   |                            | 21,594      |   |                         |   | 4,972       |   |   |   | -           |   |   |   | 100         |   |   |   | 26,666 |   |
| Total                                 |   |                            | 24,932      |   |                         |   | 53,771      |   |   |   | 3,541       |   |   |   | 100         |   |   |   | 82,344 |   |

|                               |   | Onerous leases and dilapidations |        |   | Restructuring andintegration |   |        | Legal  |   |   | Other       |   |   | Total  |        |
|------------------------------------|--------|----------------------------------|-------------|--------|------------------------------|--------|-------------|--------|--------|--------|-------------|--------|--------|--------|-------------|
|                               |   |                             | $’000 |   |                         |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| At May 1, 2016                     |   |                             | 18,176      |   |                         |   | 3,523       |   |   |   | 1,920       |   |   |   | 1,280       |   |   |   | 24,899 |   |
| Acquisitions – Serena        |   |                             | -           |   |                         |   | 1,201       |   |   |   | 1,344       |   |   |   | -           |   |   |   | 2,545 |   |
| Additional provision in the period |   |                             | 2,128       |   |                         |   | 20,358      |   |   |   | -           |   |   |   | -           |   |   |   | 22,486 |   |
| Released                           |   |                             | (344        | )      |                         |   | (2,077      | )      |   |   | (97         | )      |   |   | (1,180      | ) |   |   | (3,698 | ) |
| Utilization of provision           |   |                             | (3,151      | )      |                         |   | (15,311     | )      |   |   | (119        | )      |   |   | -           |   |   |   | (18,581 | ) |
| Exchange adjustments               |   |                             | (122        | )      |                         |   | (354        | )      |   |   | (26         | )      |   |   | -           |   |   |   | (502 | ) |
|  At October 31, 2016          |   |                             | 16,687      |   |                         |   | 7,340       |   |   |   | 3,022       |   |   |   | 100         |   |   |   | 27,149 |   |
|                               |   |                             |        |   |                         |   |        |   |   |   |        |   |   |   |        |   |   |   |   |   |
| Current                            |   |                             | 5,120       |   |                         |   | 7,278       |   |   |   | 3,022       |   |   |   | -           |   |   |   | 15,420 |   |
| Non-current                        |   |                             | 11,567      |   |                         |   | 62          |   |   |   | -           |   |   |   | 100         |   |   |   | 11,729 |   |
| Total                              |   |                             | 16,687      |   |                         |   | 7,340       |   |   |   | 3,022       |   |   |   | 100         |   |   |   | 27,149 |   |

----

|                            |   | October 31, 2017 |        |   | October 31, 2016 |   |
|---------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                            |   |             | $’000 |   |             |   | $’000 |   |
| Within Non-current assets :     |   |             |        |   |             |   |   |   |
| Long term pension assets        |   |             | 23,650      |   |             |   | 24,120 |   |
| Within Non-current liabilities: |   |             |        |   |             |   |   |   |
| Retirement benefit obligations  |   |             | (97,647     | )      |             |   | (34,599 | ) |

|                                                                                                                                     |   | October 31, 2017 |        |   | October 31, 2016 |   |
|------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                                                                                                                                     |   |             | $’000 |   |             |   | $’000 |   |
| As at May 1,                                                                                                                             |   |             | 22,031      |   |             |   | 22,272 |   |
| Return on non-plan assets (note 11)                                                                                                      |   |             | 231         |   |             |   | 187 |   |
| Benefits paid                                                                                                                            |   |             | (58         | )      |             |   | (44 | ) |
| Contributions                                                                                                                            |   |             | 235         |   |             |   | - |   |
| Included within other comprehensive income:                                                                                              |   |             |        |   |             |   |   |   |
| -          Actuarial (loss)/gain on non-plan assets                                    |   |             | (350        | )      |             |   | 2,482 |   |
| -          Reclassification from defined contribution scheme to defined benefit scheme |   |             | -           |   |             |   | - |   |
|                                                                                                                                     |   |             | (350        | )      |             |   | 2,482 |   |
|                                                                                                                                     |   |             |        |   |             |   |   |   |
| Foreign currency exchange gain/(loss)                                                                                                    |   |             | 1,561       |   |             |   | (777 | ) |
| At October 31                                                                                                                            |   |             | 23,650      |   |             |   | 24,120 |   |

----

|                                         |   | October 31, 2017$’000 |   |   | October 31, 2016$’000 |   |
|----------------------------------------------|--------|-----------------------------|--------|--------|-----------------------------|--------|
| Rate of increase in final pensionable salary |   |                        | 2.27   | %      |                        |   | 2.60 | % |
| Rate of increase in pension payments         |   |                        | 1.81   | %      |                        |   | 2.00 | % |
| Discount rate                                |   |                        | 1.99   | %      |                        |   | 1.30 | % |
| Inflation                                    |   |                        | 2.00   | %      |                        |   | 2.00 | % |

|                                        |   | October 31, 2017 |        |   | October 31, 2016 |   |
|---------------------------------------------|--------|------------------|-------------|--------|------------------|--------|
|                                        |   | Germany          |        |   | France           |   |   | Switzerland |   |   | Rest of World |   |   | Total |   |   | Germany |   |
|                                        |   |             | $’000 |   |             |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Present value of defined benefit obligation |   |             | 159,865     |   |             |   | 9,159 |   |   |   | 21,330 |   |   |   | 23,797 |   |   |   | 214,151 |   |   |   | 40,120 |   |
| Fair value of plan assets                   |   |             | (84,035     | )      |             |   | (2,066 | ) |   |   | (16,490 | ) |   |   | (13,913 | ) |   |   | (116,504 | ) |   |   | (5,521 | ) |
|                                        |   |             | 75,830      |   |             |   | 7,093 |   |   |   | 4,840 |   |   |   | 9,884 |   |   |   | 97,647 |   |   |   | (34,599 | ) |

|                                                                        |   | October 31, 2017          |        |   | October 31, 2016 |   |
|-----------------------------------------------------------------------------|--------|---------------------------|-------------|--------|------------------|--------|
|                                                                        |   | Definedbenefitobligations |        |   | Schemeassets     |   |   | Retirementbenefitobligations |   |   | Definedbenefitobligations |   |   | Schemeassets |   |   | Retirementbenefitobligations |   |
|                                                                        |   |                      | $’000 |   |             |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| At May 1,                                                                   |   |                      | 36,480      |   |             |   | (5,707 | ) |   |   | 30,773 |   |   |   | 37,524 |   |   |   | (5,855 | ) |   |   | 31,669 |   |
| HPE Software acquisition                                                    |   |                      | 181,456     |   |             |   | (110,011 | ) |   |   | 71,445 |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Current service cost                                                        |   |                      | 1,929       |   |             |   | - |   |   |   | 1,929 |   |   |   | 424 |   |   |   | - |   |   |   | 424 |   |
| Benefits paid                                                               |   |                      | (989        | )      |             |   | 940 |   |   |   | (49 | ) |   |   | (145 | ) |   |   | 43 |   |   |   | (102 | ) |
| Contributions by plan participants                                          |   |                      | 1,826       |   |             |   | (1,826 | ) |   |   | - |   |   |   | - |   |   |   | (13 | ) |   |   | (13 | ) |
| Contribution by employer                                                    |   |                      | -           |   |             |   | (743 | ) |   |   | (743 | ) |   |   | - |   |   |   | - |   |   |   | - |   |
| Interest cost/(income) (note 11)                                            |   |                      | 941         |   |             |   | (362 | ) |   |   | 579 |   |   |   | 311 |   |   |   | (49 | ) |   |   | 262 |   |
|                                                                        |   |                      |        |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Included within other comprehensive income:                                 |   |                      |        |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Re-measurements - actuarial losses:                                         |   |                      |        |   |             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| -          Demographic    |   |                      | -           |   |             |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| -          Financial      |   |                      | (1,058      | )      |             |   | - |   |   |   | (1,058 | ) |   |   | 3,521 |   |   |   | - |   |   |   | 3,521 |   |
| -          Experience     |   |                      | (4,505      | )      |             |   | - |   |   |   | (4,505 | ) |   |   | (117 | ) |   |   | - |   |   |   | (117 | ) |
| Actuarial return on assets excluding amounts included in interest income    |   |                      | -           |   |             |   | (1,296 | ) |   |   | (1,296 | ) |   |   | - |   |   |   | 117 |   |   |   | 117 |   |
| Reclassification from defined contribution scheme to defined benefit scheme |   |                      | -           |   |             |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                        |   |                      | (5,563      | )      |             |   | (1,296 | ) |   |   | (6,859 | ) |   |   | 3,404 |   |   |   | 117 |   |   |   | 3,521 |   |
| Foreign currency exchange changes                                           |   |                      | (1,929      | )      |             |   | 2,501 |   |   |   | 572 |   |   |   | (1,398 | ) |   |   | 236 |   |   |   | (1,162 | ) |
| At October 31                                                               |   |                      | 214,151     |   |             |   | (116,504 | ) |   |   | 97,647 |   |   |   | 40,120 |   |   |   | (5,521 | ) |   |   | 34,599 |   |

|                                                            |   | October 31, 2017 |        |   | October 31, 2016 |        |
|-----------------------------------------------------------------|--------|------------------|-------------|--------|------------------|-------------|
|                                                            |   | Shares           |        |   |             | $’000 |   |   | Shares |   |   |   | $’000 |   |
| Issued and fully paid                                           |   |             |        |   |             |        |   |   |   |   |   |   |   |   |
| At  May 1,                                                 |   |             | 229,674,479 |   |             |        | 39,700 |   |   |   | 228,706,210 |   |   |   | 39,573 |   |
| Shares issued to satisfy option awards                          |   |             | 331,418     |   |             |        | 43 |   |   |   | 584,289 |   |   |   | 77 |   |
| Share reorganization                                            |   |             | (16,935,536 | )      |             |        | (2,926 | ) |   |   | - |   |   |   | - |   |
| Shares issued relating to acquisition of HPE Software (note 28) |   |             | 222,166,897 |   |             |        | 28,773 |   |   |   | - |   |   |   | - |   |
| At October 31                                                   |   |             | 435,237,258 |   |             |        | 65,590 |   |   |   | 229,290,499 |   |   |   | 39,650 |   |

----

|                   |   | October 31, 2017 |         |   | October 31, 2016 |        |
|------------------------|--------|------------------|--------------|--------|------------------|-------------|
|                   |   | Shares           |         |   |             | $’000 |   |   | Shares |   |   |   | $’000 |   |
| Issued and fully paid  |   |             |         |   |             |        |   |   |   |   |   |   |   |   |
| At May 1               |   |             | -            |   |             |        | - |   |   |   | - |   |   |   | - |   |
| Issue of B shares      |   |             | 229,799,802  |   |             |        | 500,000 |   |   |   | - |   |   |   | - |   |
| Redemption of B shares |   |             | (229,799,802 | )      |             |        | (500,000 | ) |   |   | - |   |   |   | - |   |
|                   |   |             | -            |   |             |        | - |   |   |   | - |   |   |   | - |   |

|                                                      |   | Capital redemptionreserve |        |   | Merger reserve |   |        | Hedging reserve |   |   | Total       |   |
|-----------------------------------------------------------|--------|---------------------------|-------------|--------|----------------|--------|-------------|-----------------|--------|--------|-------------|--------|
|                                                      |   |                      | $’000 |   |           |   | $’000 |            |   |   | $’000 |   |   |   | $’000 |   |
| As at May 1, 2016 and October 31, 2016                    |   |                      | 163,363     |   |           |   | 988,104     |            |   |   | -           |   |   |   | 1,151,467 |   |
|                                                      |   |                      |        |   |           |   |        |            |   |   |        |   |   |   |   |   |
| As at May 1, 2017                                         |   |                      | 163,363     |   |           |   | 338,104     |            |   |   | -           |   |   |   | 501,467 |   |
| Return of Value- share consolidation 1                    |   |                      | 2,926       |   |           |   | -           |            |   |   | -           |   |   |   | 2,926 |   |
| Return of Value-  issue and redemption of B shares 1 |   |                      | 500,000     |   |           |   | (343,317    | )               |   |   | -           |   |   |   | 156,683 |   |
| Hedge accounting 2                                        |   |                      | -           |   |           |   | -           |            |   |   | 1,763       |   |   |   | 1,763 |   |
| Deferred tax movement on hedging                          |   |                      |        |   |           |   |        |            |   |   | (674        | )      |   |   | (674 | ) |
| Acquisition of HPE Software 3                             |   |                      | -           |   |           |   | 6,485,397   |            |   |   | -           |   |   |   | 6,485,397 |   |
| Reallocation of merger reserve 4                          |   |                      | -           |   |           |   | (700,000    | )               |   |   | -           |   |   |   | (700,000 | ) |
| As at October 31, 2017                                    |   |                      | 666,289     |   |           |   | 5,780,184   |            |   |   | 1,089       |   |   |   | 6,447,562 |   |

----

|                      |   |   | $’000 |   |
|---------------------------|--------|--------|-------------|--------|
| At May 1, 2016            |   |   | 1,057       |   |
| Share of loss after tax   |   |   | (21         | )      |
| At October 31, 2016       |   |   | 1,036       |   |
|                      |   |   |        |   |
| At May 1, 2017            |   |   | 954         |   |
| Share of profit after tax |   |   | 304         |   |
| At October 31, 2017       |   |   | 1,258       |   |

| Company name     | Country of incorporation and principal place of business |   | October 31,2017Proportionheld |   |   | October 31,2016Proportionheld |   |
|------------------|----------------------------------------------------------|--------|-------------------------------|--------|--------|-------------------------------|--------|
| Novell Japan Ltd | Japan                                                    |   |                          | 74.7   | %      |                          |   | 71.5 | % |

|                         |   | 6 months endedOctober 31,2017 |        |   | 6 months endedOctober 31,2016 |   |
|------------------------------|--------|-------------------------------|-------------|--------|-------------------------------|--------|
|                         |   |                          | $’000 |   |                          |   | $’000 |   |
| Short-term employee benefits |   |                          | 9,997       |   |                          |   | 4,749 |   |
| Share-based payments         |   |                          | 9,271       |   |                          |   | 6,326 |   |
|                         |   |                          | 19,268      |   |                          |   | 11,075 |   |

----

|                                                   |   |                          |        |   |                   |   |        |                  |   |   | Consideration |   |
|--------------------------------------------------------|--------|-------------------------------|-------------|--------|------------------------|--------|-------------|-----------------------|--------|--------|---------------|--------|
|                                                   |   | Carrying value at acquisition |        |   | Fair value adjustments |   |        | Hindsight adjustments |   |   | Goodwill      |   |   | Shares |   |   | Cash |   |   | Payable |   |   | Total |   |
|                                                   |   |                          | $’000 |   |                   |   | $’000 |                  |   |   | $’000   |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |   |   | $’000 |   |
| Acquisitions in the six months ended October 31, 2016: |   |                          |        |   |                   |   |        |                  |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Serena Software Inc.                                   |   |                          | 147,260     |   |                   |   | (249,306    | )                     |   |   | -             |   |   |   | 379,669 |   |   |   | - |   |   |   | 277,623 |   |   |   |   |   |   |   | 277,623 |   |
| GWAVA Inc.                                             |   |                          | 618         |   |                   |   | 3,062       |                  |   |   | -             |   |   |   | 12,767 |   |   |   | - |   |   |   | 16,447 |   |   |   |   |   |   |   | 16,447 |   |
|                                                   |   |                          | 147,878     |   |                   |   | (246,244    | )                     |   |   |          |   |   |   | 392,436 |   |   |   |   |   |   |   | 294,070 |   |   |   |   |   |   |   | 294,070 |   |
| Acquisitions in the six months ended October 31, 2017: |   |                          |        |   |                   |   |        |                  |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| HPE Software (provisional)                             |   |                          | (2,277,193  | )      |                   |   | 3,974,891   |                  |   |   | -             |   |   |   | 5,105,472 |   |   |   | 6,514,170 |   |   |   |   |   |   |   | 289,000 |   |   |   | 6,803,170 |   |

----

|                                                                           |   | Carrying value atacquisition |        |   | Fair valueAdjustments(Provisional) |   |        | Fair value(Provisional) |   |
|--------------------------------------------------------------------------------|--------|------------------------------|-------------|--------|------------------------------------|--------|-------------|-------------------------|--------|
|                                                                           |   |                         | $’000 |   |                               |   | $’000 |                    |   |   | $’000 |   |
| Intangible assets1                                                             |   |                         | 72,825      |   |                               |   | 6,200,000   |                    |   |   | 6,272,825 |   |
| Property, plant and equipment                                                  |   |                         | 165,664     |   |                               |   | -           |                    |   |   | 165,664 |   |
| Other non-current assets                                                       |   |                         | 41,929      |   |                               |   | -           |                    |   |   | 41,929 |   |
| Deferred tax assets                                                            |   |                         | 428,624     |   |                               |   | (423,663    | )                       |   |   | 4,961 |   |
| Inventories                                                                    |   |                         | 185         |   |                               |   | -           |                    |   |   | 185 |   |
| Trade and other receivables                                                    |   |                         | 726,149     |   |                               |   | -           |                    |   |   | 726,149 |   |
| Current tax recoverable                                                        |   |                         | 736         |   |                               |   | -           |                    |   |   | 736 |   |
| Cash and cash equivalents                                                      |   |                         | 320,729     |   |                               |   | -           |                    |   |   | 320,729 |   |
| Trade and other payables                                                       |   |                         | (468,850    | )      |                               |   | 1,616       |                    |   |   | (467,234 | ) |
| Current tax liabilities                                                        |   |                         | (9,942      | )      |                               |   | -           |                    |   |   | (9,942 | ) |
| Borrowings                                                                     |   |                         | (2,568,270  | )      |                               |   | -           |                    |   |   | (2,568,270 | ) |
| Short-term provisions                                                          |   |                         | (16,425     | )      |                               |   | -           |                    |   |   | (16,425 | ) |
| Short-term deferred income 2                                                   |   |                         | (707,688    | )      |                               |   | 58,004      |                    |   |   | (649,684 | ) |
| Long-term deferred income 2                                                    |   |                         | (121,617    | )      |                               |   | 8,652       |                    |   |   | (112,965 | ) |
| Long-term provisions                                                           |   |                         | (16,294     | )      |                               |   | -           |                    |   |   | (16,294 | ) |
| Retirement benefit obligations                                                 |   |                         | (71,445     | )      |                               |   | -           |                    |   |   | (71,445 | ) |
| Other non-current liabilities                                                  |   |                         | (53,503     | )      |                               |   | 12,145      |                    |   |   | (41,358 | ) |
| Deferred tax liabilities 3                                                     |   |                         | -           |   |                               |   | (1,881,863  | )                       |   |   | (1,881,863 | ) |
| Net (liabilities)/assets                                                       |   |                         | (2,277,193  | )      |                               |   | 3,974,891   |                    |   |   | 1,697,698 |   |
| Goodwill (note 13)                                                             |   |                         | -           |   |                               |   |        |                    |   |   | 5,105,472 |   |
| Consideration                                                                  |   |                         |        |   |                               |   |        |                    |   |   | 6,803,170 |   |
| Consideration satisfied by :                                                   |   |                         |        |   |                               |   |        |                    |   |   |   |   |
| Shares                                                                         |   |                         |        |   |                               |   |        |                    |   |   | 6,514,170 |   |
| Cash payable net of pensions and other balance sheet adjustments (provisional) |   |                         |        |   |                               |   |        |                    |   |   | 289,000 |   |
|                                                                           |   |                         |        |   |                               |   |        |                    |   |   | 6,803,170 |   |

|  | 1 | Purchased intangible assets have been valued based on a market participant point of view and the fair value has been based on various characteristics of the product lines and intangible assets of HPE Software; |
|--|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                   |   | Fair value |        |
|------------------------|--------|------------|-------------|
|                   |   |       | $’000 |   |
| Technology             |   |       | 1,775,000   |   |
| Customer relationships |   |       | 4,222,000   |   |
| Trade names            |   |       | 188,000     |   |
| Leases                 |   |       | 15,000      |   |
|                   |   |       | 6,200,000   |   |

----

|  | 1. | Acquisition of HPE Software (continued) |
|--|----|-----------------------------------------|

| Pro-forma             |   |   | $m  |   |
|-----------------------|--------|--------|----------|--------|
| Revenue               |   |   | 1,464.5  |   |
| Profit for the period |   |   | 331.8    |   |

| Pro-forma             |   |   | $m  |   |
|-----------------------|--------|--------|----------|--------|
| Revenue               |   |   | 2,129.2  |   |
| Profit for the period |   |   | 305.7    |   |

----

|                                 |   | Carrying value at acquisition |        |   | Fair value adjustments |   |        | Fair value |   |
|--------------------------------------|--------|-------------------------------|-------------|--------|------------------------|--------|-------------|------------|--------|
|                                 |   |                          | $’000 |   |                   |   | $’000 |       |   |   | $’000 |   |
| Goodwill                             |   |                          | 462,400     |   |                   |   | (462,400    | )          |   |   | - |   |
| Intangible assets - purchased 1      |   |                          | -           |   |                   |   | 317,700     |       |   |   | 317,700 |   |
| Intangible assets - other            |   |                          | 79          |   |                   |   | -           |       |   |   | 79 |   |
| Property, plant and equipment        |   |                          | 1,927       |   |                   |   | -           |       |   |   | 1,927 |   |
| Other non-current assets             |   |                          | 167         |   |                   |   | -           |       |   |   | 167 |   |
| Deferred tax asset                   |   |                          | 15,347      |   |                   |   | -           |       |   |   | 15,347 |   |
| Trade and other receivables          |   |                          | 27,362      |   |                   |   | -           |       |   |   | 27,362 |   |
| Cash and cash equivalent             |   |                          | 65,784      |   |                   |   | -           |       |   |   | 65,784 |   |
| Borrowings – short-term        |   |                          | (27,712     | )      |                   |   | -           |       |   |   | (27,712 | ) |
| Trade and other payables             |   |                          | (11,766     | )      |                   |   | -           |       |   |   | (11,766 | ) |
| Provisions – short-term        |   |                          | (4,045      | )      |                   |   | -           |       |   |   | (4,045 | ) |
| Current tax liabilities              |   |                          | (3,173      | )      |                   |   | -           |       |   |   | (3,173 | ) |
| Deferred income – short-term 2 |   |                          | (72,217     | )      |                   |   | 3,761       |       |   |   | (68,456 | ) |
| Deferred income – long-term 2  |   |                          | (14,853     | )      |                   |   | 798         |       |   |   | (14,055 | ) |
| Borrowings – long-term         |   |                          | (288,938    | )      |                   |   | -           |       |   |   | (288,938 | ) |
| Other non-current liabilities        |   |                          | (717        | )      |                   |   | -           |       |   |   | (717 | ) |
| Deferred tax liabilities 3           |   |                          | (2,385      | )      |                   |   | (109,165    | )          |   |   | (111,550 | ) |
| Net assets /(liabilities)            |   |                          | 147,260     |   |                   |   | (249,306    | )          |   |   | (102,046 | ) |
| Goodwill (note 9)                    |   |                          |        |   |                   |   |        |       |   |   | 379,669 |   |
| Consideration                        |   |                          |        |   |                   |   |        |       |   |   | 277,623 |   |
|                                 |   |                          |        |   |                   |   |        |       |   |   |   |   |
| Consideration satisfied by :         |   |                          |        |   |                   |   |        |       |   |   |   |   |
| Cash                                 |   |                          |        |   |                   |   |        |       |   |   | 277,623 |   |

|  | 1 | Purchased intangible assets have been valued based on a market participant point of view and the fair value has been based on various characteristics of the product lines and intangible assets of Serena; |
|--|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2 | Deferred income has been valued taking account of the remaining performance obligations; and |
|--|---|----------------------------------------------------------------------------------------------|

|  | 3 | A deferred tax liability has been established relating to the purchase of intangibles. |
|--|---|----------------------------------------------------------------------------------------|

|                   |   | Fair value |        |
|------------------------|--------|------------|-------------|
|                   |   |       | $’000 |   |
| Technology             |   |       | 86,100      |   |
| Customer relationships |   |       | 210,200     |   |
| Trade names            |   |       | 21,400      |   |
|                   |   |       | 317,700     |   |

----

|                                 |   | Carrying value atacquisition |        |   | Fair value adjustments |   |        | Fair value |   |
|--------------------------------------|--------|------------------------------|-------------|--------|------------------------|--------|-------------|------------|--------|
|                                 |   |                         | $’000 |   |                   |   | $’000 |       |   |   | $’000 |   |
| Intangible assets - purchased 1      |   |                         | -           |   |                   |   | 5,330       |       |   |   | 5,330 |   |
| Intangible assets - other  2    |   |                         | 1,180       |   |                   |   | (1,180      | )          |   |   | - |   |
| Property, plant and equipment        |   |                         | 195         |   |                   |   | -           |       |   |   | 195 |   |
| Trade and other receivables          |   |                         | 3,096       |   |                   |   | -           |       |   |   | 3,096 |   |
| Cash and cash equivalent             |   |                         | 2,389       |   |                   |   | -           |       |   |   | 2,389 |   |
| Trade and other payables             |   |                         | (1,331      | )      |                   |   | -           |       |   |   | (1,331 | ) |
| Deferred income – short-term 3 |   |                         | (4,094      | )      |                   |   | 324         |       |   |   | (3,770 | ) |
| Deferred income – long-term    |   |                         | (817        | )      |                   |   | -           |       |   |   | (817 | ) |
| Deferred tax liabilities 4           |   |                         | -           |   |                   |   | (1,412      | )          |   |   | (1,412 | ) |
| Net assets                           |   |                         | 618         |   |                   |   | 3,062       |       |   |   | 3,680 |   |
| Goodwill                             |   |                         |        |   |                   |   |        |       |   |   | 12,767 |   |
| Consideration                        |   |                         |        |   |                   |   |        |       |   |   | 16,447 |   |
|                                 |   |                         |        |   |                   |   |        |       |   |   |   |   |
| Consideration satisfied by :         |   |                         |        |   |                   |   |        |       |   |   |   |   |
| Cash                                 |   |                         |        |   |                   |   |        |       |   |   | 16,447 |   |

|  | 1 | Purchased intangible assets have been valued based on a market participant point of view and the fair value has been based on various characteristics of the product lines and intangible assets of GWAVA Inc.; |
|--|---|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2 | Other intangible assets relating to historic IP has been written down to nil; |
|--|---|-------------------------------------------------------------------------------|

|  | 3 | Deferred income has been valued taking account of the remaining performance obligations; and |
|--|---|----------------------------------------------------------------------------------------------|

|  | 4 | A deferred tax liability has been established relating to the purchase of intangibles. |
|--|---|----------------------------------------------------------------------------------------|

|                   |   | Fair value |        |
|------------------------|--------|------------|-------------|
|                   |   |       | $’000 |   |
| Technology             |   |       | 4,075       |   |
| Customer relationships |   |       | 544         |   |
| Trade names            |   |       | 711         |   |
|                   |   |       | 5,330       |   |

|  | 1 | Acquisition of COBOL-IT, SAS |
|--|---|------------------------------|

----

|  | 2 | Taxation |
|--|---|----------|

----