OPN Ibs Open

RNS Number:6634O
IBS OPENSystems plc
25 February 2008

This announcement replaces 6149O. The Identity of the issuer or the underlying
issuer of existing shares to which voting rights are attached is IBS OPENSystems
plc.







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):

    Octopus Investments





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):

21/02/08



6. Date on which issuer notified:

22/02/08



7. Threshold(s) that is/are crossed or reached:

     5%



8. Notified details:

.................











A: Voting rights attached to shares


Class/type of shares if possible  Situation previous to the
using the ISIN CODE               Triggering transaction (vi)
                                  Number of shares                   Number of voting Rights (viii)


GB00B06HS226                      1777450                            1777450



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


                             2027450                  2027450      -                    5.06%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.








Total (A+B)
Number of voting rights        % of voting rights


2027450                        5.06%





9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



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:



14. Contact name:

  Chris Hulatt.................



15. Contact telephone number:

  0207 710 2804.................





Annex to Notification Of Major Interests In Shares (XVI)



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):

Chris Hulatt



Contact address (registered office for legal entities):

8 Angel Court

London, EC2R 7HP



Phone number:

0207 710 2804



Other useful information (at least legal representative for legal persons):



B: Identity of the notifier, if applicable (xvii)



Full name:

.................



Contact address:

.................



Phone number:

.................



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

.................



C: Additional information :




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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