Skillsoft Plc - IRISH TAKEOVER PANEL - FORM 8.1

IRISH TAKEOVER PANEL
                                    FORM 8.1

 DISCLOSURE UNDER RULE 8.1 (a) AND (B) (i) OF THE IRISH TAKEOVER PANEL ACT 1997,
                        TAKEOVER RULES, 2007 (AS AMENDED)

                         DEALINGS BY OFFERORS, OFFEREES
                               OR THEIR ASSOCIATES
                   FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS


1.   KEY INFORMATION

Name of person dealing (Note 1)    Barclays Plc
Company dealt in                   Skillsoft Plc
Class of relevant security         ADR
to which the dealings being
disclosed relate (Note 2)
Date of dealing                    21 May 2010


2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                                      Long                  Short

                              Number        (%)        Number         (%)

(1) Relevant securities       83,263       0.09

(2)  Derivatives (other than
options)

(3) Options and agreements       500       0.00           400        0.00
to purchase/sell

Total                         83,763       0.09           400        0.00


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of relevant security:           Long                  Short

                              Number                Number
                                            (%)                   (%)
(1) Relevant securities

(2)  Derivatives (other  than options)

(3) Options and agreements
to purchase/sell

Total


(c)  Rights to subscribe (Note 3)

Class of relevant security:   Details


3.   DEALINGS (Note 4)

(a)  Purchases and sales

Purchase/sale      Number of securities    Price per unit (Note 5)



(b)  Derivatives transactions (other than options)

Product       Long/short       Number of securities   Price per unit
name,         (Note 6)         (Note 7)               (Note 5)
e.g. CFD



(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product       Writing,      Number of    Exercise     Type,      Expiry   Option
name,         selling,      securities   price        e.g.       date     money
e.g. call     purchasing,   to which the              American,           paid/received
option        varying       option                    European            per unit
              etc.          relates                   etc.                (Note 5)
                            (Note 7)


(ii) Exercising

Product name, e.g. call option       Number of securities    Exercise price per unit
                                                             (Note 5)
Call Option                          1,100                   10 USD


(d)  Other dealings (including new securities) (Note 4)

Nature of transaction    Details                 Price per unit (if
(Note 8)                                         applicable) (Note 5)




4.   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.





Is a Supplemental Form 8 attached? (Note 9)                 YES


Date of disclosure                                           25 May 2010
Contact name                                                 James Gibson
Telephone number                                             0207 116 7308
Name of offeree/offeror with which associated                SSI
Specify category and nature of associate status (Note 10)    Advisor


SUPPLEMENTAL FORM 8

                            DETAILS OF OPEN POSITIONS
   (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as
                                  appropriate)

OPEN POSITIONS (Note 1)
Product name,       Written or    Number of securities    Exercise price   Type, e.g.      Expiry date
e.g. call option    purchased     to which the option     (Note 2)         American,
                                  or derivative relates                    European etc.
Put Option          Written       500                     7.5              American        21/08/2010
Call Option         Written       400                     12.5             American        21/08/2010

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any  existing agreements to purchase or to sell  should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.