Notification Of Interest

RNS Number : 2893W
IBS OPENSystems plc
09 June 2008

TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
IBS OPENSystems plc

2. Reason for the notification (please state Yes/No):
*****..

An acquisition or disposal of voting rights:
Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached:

An event changing the breakdown of voting rights:

Other (please specify):

3. Full name of person(s) subject to the notification obligation (iii):
The Henderson Smaller Companies Investment Trust plc

4. Full name of shareholder(s) (if different from 3.) (iv):

5. Date of the transaction and date on which the threshold is crossed or reached (v):
05/06/08

6. Date on which issuer notified:
06/06/08

7. Threshold(s) that is/are crossed or reached:
3% - 2%

8. Notified details:
*****..

A: Voting rights attached to shares

Class/type of shares if Situation previous to
possible using the ISIN CODE the Triggering
transaction (vi)
Number of shares Number of voting
Rights (viii)

Ord GBP 1,150,000 1,150,000

Resulting situation after the triggering transaction (vii)

Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights
possible using the ISIN CODE
Direct (x) Indirect (xi) Direct Indirect

832,832 832,832 2.18

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of financial instrument Expiration Date Exercise/Conversion Number of voting % of voting rights
(xiii) Period/ Date (xiv) rights that may be
acquired if the
instrument is
exercised/
converted.

Total (A+B)
Number of voting rights % of voting rights

832,832 2.18

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
(xv):

Proxy Voting:

10. Name of the proxy holder:
*****.

11. Number of voting rights proxy holder will cease to hold:
*****..

12. Date on which proxy holder will cease to hold voting rights:
*****..

13. Additional information:

14. Contact name:
Vina Patel

15. Contact telephone number:
+44 (0) 207 818 6439*****..

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The company news service from the London Stock Exchange

END