EPT Disclosure

    RNS Number : 8214V
  Numis Securities Limited
  03 June 2008
   

       
    DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
    WITH RECOGNISED INTERMEDIARY STATUS
    DEALING IN A CLIENT-SERVING CAPACITY
    (Rule 38.5(a) of the Takeover Code)

    1.    KEY INFORMATION

 Name of exempt principal trader                     Numis Securities Limited 
 Company dealt in                                    IBS OPENSystems Plc
 Class of relevant security to which the dealings    Ordinary shares 5p
 being disclosed relate (Note 1)
 Date of dealing                                     2 June 2008


    2.    DEALINGS (Note 2)

    (a)    Purchases and sales

 Total number of securities      Highest price paid (Note 3)  Lowest price paid (Note 3)
 purchased

 60,000                          170 Pence                    170 Pence


 Total number of securities      Highest price received (Note 3)  Lowest price received (Note 3)
 sold

 35,883                          170 Pence                        170 Pence

    (b)    Derivatives transactions (other than options)

 Product name,   Long/short (Note 4)  Number of securities  Price per unit (Note 3)
 e.g. CFD                             (Note 5)
 Nil             Nil                  Nil                   Nil


    (c)    Options transactions in respect of existing securities
    (i)    Writing, selling, purchasing or varying

 Product name,  Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry   Option money
 e.g. call      purchasing, varying   to which the option   price     European etc.         date     paid/received per
 option         etc.                  relates (Note 5)                                               unit (Note 3)

 Nil            Nil                   Nil                   Nil       Nil                   Nil      Nil

      (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 3)

 Nil                             Nil                                                Nil

    3.    OTHER INFORMATION

    Agreements, arrangements or understandings relating to options or derivatives


 Full details of any agreement, arrangement or understanding between the
 person disclosing and any other person relating to the voting rights of any
 relevant securities under any option referred to on this form or relating to
 the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative referred to on this form is referenced. If
 none, this should be stated.  

 N/A




 Date of disclosure                    3 June 2008
 Contact name                          Henry Jenkins 
 Telephone number                      0207 260 1259
 Name of offeree with which connected                      IBS OPENSystems Plc

 Nature of connection (Note 6)         Nomad and broker to IBS OPENSystems Plc


    Notes

    The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk








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