INO Innobox

    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):

Innobox 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: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify): (No)

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

Barclays PLC

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

Barclays Stockbrokers Ltd

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

15 March 2007

6. Date on which issuer notified:

16 March 2007

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

5% to 6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares  Situation of previous to the Triggering transaction (vi) 
if possible using                                                              
ISIN code                   Number of shares         Number of voting Rights   
                                                              (viii)           
                                                                               
GB0000528181                   2,172,372                    2,172,372          

Resulting situation after the triggering transaction (vii)

Class/type of          Number of       Number of voting     % of voting rights 
shares if possible      shares           rights (ix)                           
using the ISIN CODE                                                            
                        Direct       Direct (x)  Indirect    Direct    Indirect
                                                   (xi)                        
                                                                               
GB0000528181           2,222,431         0       2,222,431    0.00       0.00  

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

Total (A + B)

 Number of Voting Rights       % of voting rights    
                                                     
        2,222,431                    6.09%           

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

Barclays Stockbrokers Ltd                                                     
                                                                              

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

14. Contact name:

Geoff Smith

15. Contact telephone number:

+44 (0)20 7116 2913

Innobox plc                                                       0121 585 6655
                                                                               
James Brinton                                                                  

Hanson Westhouse Limited                                          0113 246 2610
                                                                               
Tim Feather / Matthew Johnson                                                  



END

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