Holding(s) in Company

Flomerics Group PLC 14 March 2008 Flomerics Group plc "Flomerics" or '"the Company" Transfer of significant shareholding The Board of Flomerics, the global supplier of simulation software, understands that Pricap Venture Partners AG has sold its entire interest in shares of the Company to Mentor Graphics Corporation (Nasdaq: MENT) in an off-market transaction. The interest includes all further shares to be issued in relation to the acquisition of NIKA GmbH and represents approximately 20% of the share capital of the Company as expanded by the issue of these additional shares. As set out in the trading update of 9 January 2008, the Board sees good prospects for growth to continue across its range of products and has been encouraged by the start to the current financial year. In addition, the Company is well funded, with cash balances having increased to over £4 million, following the receipt of the first tranche of consideration in relation to the divestment of its electromagnetics business. A second tranche, of up to £530,000 is due to be paid by 31st March 2008. 14 March 2008 Enquiries: Flomerics Gary Carter: 0208 487 3000 Keith Butcher: 0208 487 3000 Oriel Securities Limited Andrew Edwards 020 7710 7618 David Arch 020 7710 7618 This information is provided by RNS The company news service from the London Stock Exchange
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