Innovative Software Direct plc

February 01, 2010 06:46 ET

Statement re holding of shares

1 February 2010

                                  INNOVATIVE SOFTWARE DIRECT PLC
                                     (the "Company" or "ISD")
                                     Shareholders Notification

The  Directors  of  Innovative Software Direct Plc today received notification  of  the  following

On  25  January  2009, Simon Hersh, son of Barry Hersh and therefore a connected  party  of  Barry
Hersh,  sold 70,000 ordinary shares in the Company. Simon Hersh's total shareholding has therefore
decreased to 285,000 ordinary shares, representing 1.88% of the total issued share capital of ISD.

As a result of this transaction, Barry Hersh's shareholdings are as follows:

Barry Hersh*                                                               1,000,000         6.61%
Simon Hersh                                                                  285,000         1.88%
Total                                                                      1,285,000         8.49%

*760,000  of  these shares are held legally and beneficially.  240,000 shares  are  held  by  WTTR
Holdings, a company owned and controlled by Barry Hersh.

Total shares in issue are 15,135,261 ordinary shares of 1p each.

The Directors of the Company accept responsibility for this announcement.


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