Director Shareholding

ITIS Holdings PLC
11 November 2004


ITIS HOLDINGS PLC


Directors Shareholding


The Company announces that on 10th November 2004 three Directors of the Company
purchased additional ordinary shares of 2p each in the company ('Shares') at a
price of 28 p per Share as set out below:

Director            Shares purchased   Resultant beneficial         % ISC*
                                        holding of Shares   

Sir Trevor Chinn         80,000              732,240                 0.76
John Hewett**            80,000              150,000                 0.16
Stephen Norris          100,000              650,000                 0.68


*    issued share capital of ITIS - 96,243,669 Shares.
**   John Hewett is the ITIS board representative of Peder Smedvig Capital AS, a
     holder of 10,042,106 Shares

Contact

Andrew Forrest                                                    0161 927 3600
Finance Director




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