Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

IS Solutions Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

 Change in Issued Share Capital 

 Yes

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

Bluehone Investors LLP 

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

Active Capital Trust Plc

5. Date of the transaction and date on which the threshold is crossed or reached:

27/11/2009

6. Date on which issuer notified:

30/11/2009

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

15%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

GB0001351955 

3,512,370

3,512,370

3,512,370

3,512,370

-

14.22

-

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/  Conversion  Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

 -

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise  price

Expiration  date

Exercise/ Conversion  period

Number of voting  rights instrument  refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,512,370

14.22%

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

Proxy Voting:

10. Name of 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:

Peter Fraser, F&C Asset Management plc (as Administrator for Bluehone Investors LLP)

15. Contact telephone name:

0131 718 1051

Annex: Notification of major interests in shares

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

Full name 

(including legal form of legal entities)

IS Solutions Plc

Contact address 

(registered office for legal entities)

Windmill House, 91-93 Windmill Road, 

Sunbury-On-Thames, Middlesex, TW16 7EF

Phone number & email

Phone 01932 893300 Fax 01932 893433

Other useful information 

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Peter Fraser, F&C Asset Management plc, as Administrator of Bluehone Investors LLP

Contact address

80 George Street, Edinburgh EH2 3BU

Phone number & email

0131 718 1051

Peter.fraser@fandc.com

Other useful information

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

C: Additional information