Innovative Software Direct plc

April 13, 2010 11:28 ET

Substantial Shareholdings

13 April 2010

                                  INNOVATIVE SOFTWARE DIRECT PLC
                                     (the "Company" or "ISD")
                                     Substantial Shareholdings

The  Directors  of Innovative Software Direct Plc have received notification that  today,  Polemanda
Limited  sold 200,000 ordinary shares in the Company. These shares were purchased by Nadia  Isaacs

Resulting Substantial Shareholdings are detailed below:

                                                                         No.  Shares     % holding
N Isaacs*                                                                  1,124,999         7.13%
Polemanda Limited                                                            450,000         2.85%
A Isaacs                                                                      55,000         0.35%
M Isaacs SIPP                                                              1,235,000         7.82%

*200,000 of these shares are held by N Isaacs SIPP.

These  parties are related by virtue of M Isaacs who is the husband of N Isaacs, the father  of  A
Isaacs and who has an interest in Polemanda Limited. Total holding is 2,864,999 (18.15%).

The Directors of the Company accept responsibility for this announcement.


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