Notification Of Interest

    RNS Number : 2901W
  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):
      Schroders 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:
      7% - 3%

    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)
 Ordinary                        Number of shares           Number of voting
                                                               Rights (viii)

 GB00B06HS226                    2,982,143              2,982,143

    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

                                 1,482,143          n/a          1,482,143        n/a      3.88%

    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

 1,482,143                3.88%


    9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
(xv):
    Schroders Investment Management Ltd  1,482,143 3.88%

    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:
    The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment
management agreements

    14. Contact name:
      Andrea Rowe

    15. Contact telephone number:
      0207 658 2521*****..



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