IBS OPENSystems plc
01 April 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):

    The Henderson Smaller Companies Investment Trust 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):

28 March 2008



6. Date on which issuer notified:

31 March 2008



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

     3%



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)


ORD GBP                           1,095,000                          1,095,000



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


                             1,150,000                1,150,000                         3.01



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


1,150,000                      3.01





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:

  Vina Patel



15. Contact telephone number:

  +44 (0) 207818 6439








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