Shareholdings

RNS Number:5804N
Innobox PLC
15 July 2003


Innobox Plc (the "Company")

Directors' dealings and substantial shareholdings

15 July 2003


The Company announces that the Directors made the following purchases of 2p
ordinary shares in the Company:

Director          Date of    Number of    Price   Holding in the   % Holding in
                 purchase       shares                   Company    the Company
                             purchased             following the  following the
                                                        purchase       purchase

Arthur Baker 14 July 2003      400,000    3.75p         405,000*          3.24%
Mark Jones   14 July 2003      266,667    3.75p         416,667           3.33%
Russell      14 July 2003       83,333    3.75p         353,333           2.83%
Stevens                      
Russell      15 July 2003      500,000    3.75p         853,333**         6.83%
Stevens


Notes:
*  400,000 of these ordinary shares are held jointly by Arthur Baker and his wife.
** 583,333 of these ordinary shares are held jointly by Russell Stevens and his 
   wife. 200,000 of these ordinary shares are held by Russell Stevens' pension fund. 
   50,000 of these ordinary shares are held by Russell Stevens' wife, the
   beneficial owner. 20,000 of these ordinary shares are held on trust by Mr L M
   Turner for the benefit of Russell Stevens' children arising out of a settlement
   made by Russell Stevens' mother, Mrs D Stevens.


The Company was notified on 14 July 2003 that Corvus Capital Inc. had disposed
of 1,460,000 2p ordinary shares on 9 July 2003. Corvus Capital Inc. no longer
holds any shares in the Company following this disposal.

In addition, the Company was also notified that Hoodless Brennan & Partners Plc
had disposed of 70,000 2p ordinary shares on 10 July 2003, 50,000 2p ordinary
shares on 11 July 2003 and 180,000 2p ordinary shares on 15 July 2003. Hoodless
Brennan & Partners Plc now holds a total of 1,160,000 2p ordinary shares,
representing approximately 9.28 per cent. of the issued share capital.


Enquiries:

Arthur Baker                            07850 276928
Chairman, Innobox Plc                   [e-mail]

Philip Johnson                          0161 214 6540
Brown, Shipley & Co. Limited            [e-mail]

Trevor Phillips                         020 7929 5599
Holborn Public Relations Limited        [e-mail]




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