Holding(s) in Company

IS Solutions PLC
16 January 2008


TR-1(i): 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):

IS Solutions plc


2. Reason for the notification (please place an X inside the appropriate bracket
/s):


An acquisition or disposal of voting rights: ( )


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) : ( X )

Change in issued shared capital.


3. Full name of person(s) subject to the notification obligation (iii):

Bluehone Investors LLP


4. Full name of shareholder(s) (if different from 3.) (iv):

Active Capital Trust plc


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

14th January 2008


6. Date on which issuer notified:

15th January 2008


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

18%


8. Notified details:

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


A: Voting rights attached to shares

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

   GB0001351955                           4,262,370          4,262,370


Resulting situation after the triggering transaction (vii)



Class/type of shares if         Number of    Number of voting    % of voting
possible using the ISIN CODE    shares       rights (ix)         rights

                                   Direct    Direct   Indirect   Direct Indirect
                                              (x)       (xi)

         GB0001351955            4,262,370           4,262,370           18.30%


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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





Total (A+B)
          Number of voting rights                    % of voting rights
 
                4,262,370                                 18.30%


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

Bluehone Investors LLP
------------------------
       Client        No. of Voting Rights   % of Total      Registration Name
                                          Voting Rights
Active Capital Trust
        plc                4,262,370         18.30%      Chase Nominees Limited


Proxy Voting:


10. Name of the proxy holder:

Bluehone Investors LLP


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: John Lythall


15. Contact telephone number: 01932 893333



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