This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities pursuant to this announcement or otherwise. This announcement has been issued by and is the sole responsibility of Micro Focus. Numis (Corporate Broker and Financial Adviser) Undefined capitalised terms have the same meanings as defined in the announcement on 1 April 2019.Д«rian McArthur-Muscroft, Chief Financial Officer Under the expected timetable of events, shareholders entitled to receive payments in respect of the proceeds from the B Share Scheme will be sent cheques or, if shareholders hold their Existing Ordinary Shares in CREST or ADS through DTC, will have their CREST or DTC accounts credited, as applicable, by the B Share Scheme Payment Date, which is currently expected to be on or before in respect of Ordinary Shares and, in order to allow for the conversion from pounds sterling to US dollars by the Depositary, on or before in respect of the ADS. Shareholders will receive their proceeds under the Return of Value in pounds sterling other than the ADS Holders whose proceeds will be converted into US dollars by the Depositary, having regard to the prevailing exchange rate at the time of conversion, which is expected to be on the B Share Scheme Payment Date for the Ordinary Shares. (New York City time) on 30 April 2019 in respect of the ADS. (UK time) on 30 April 2019, in respect of the Ordinary Shares and 9.30 a.m. The Share Capital Consolidation is conditional upon Admission and is expected to take effect at 8.00 a.m. at Numis Securities Limited, 10 Paternoster Square, London EC4M 7LT. The Return of Value and associated Share Capital Consolidation are subject to approval from Micro Focus shareholders by way of a special resolution at the General Meeting to be convened on 29 April 2019 at 9.00 a.m. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTIONДЇurther to the announcement on 1 April 2019 relating to the proposed return of value of an aggregate amount in pounds sterling equivalent to $1.8 billion (the 'Return of Value') to holders of its Ordinary Shares and American Depositary Shares representing Ordinary Shares ('ADS') by way of a B Share Scheme, Micro Focus International plc ('Micro Focus' or 'the Group', LSE: MCRO.L, NYSE: MFGP) announces that the exchange rate to be used for the Return of Value will be US$1.295211 to ВЈ1.00.ДЄccordingly, the aggregate amount of the Return of Value shall be ВЈ1.389735 billion and, b ased on the current number of Ordinary Shares in issue (excluding shares held in treasury) of 413,784,754, the Return of Value will amount to 335.859391 pence per Ordinary Share (or ADS representing such Ordinary Share).

Micro focus intl plc