Image Scan Holdings Regulatory News (IGE)

Image Scan Holdings plc

("Image Scan" or "the Company")

HOLDINGS IN COMPANY

The Board of Image Scan, specialists in the field of real-time 3D and 2D x-ray imaging for the Security and Industrial Inspection markets, has today been notified that as a result of a sale of 500,000 ordinary shares of 1p each ("Shares") in the Company on 26 October 2011 and a further 500,000 on 28 October 2011, funds managed by Calculus Capital Limited, registered in the name of Calculus Nominees Limited, now own 6,286,833 shares, representing 8.2% of the issued share capital of Image Scan Holdings plc.

-ENDS-

For further information, please contact:

Image Scan Holdings plc Tel: +44 (0) 1509 817400

Brian Emslie, Chairman

Louise George, CEO

ir@ish.co.uk

Seymour Pierce Tel: +44 (0) 207 107 8000

Sarah Jacobs (Nominated Adviser)

Paul Jewell (Corporate broking)

About Image Scan Holdings plc

Image Scan Holdings plc (AIM: IGE) is focused on the development and commercialisation of market leading real-time 3D and 2D x-ray solutions for use in the global security and industrial inspection markets. The Company's security portfolio includes the Axis-3d® and Axis-2d baggage inspection systems for corporate and airport security; FlatScan, a portable bomb and suspect package detection system; and SVXi, a small vehicle inspection system. The industrial inspection solutions include the MDXi systems.

For further information on the Company, please visit: www.ish.co.uk - and for further information on its products, please visit: www.3dx-ray.com