INNODATA INC — Director's Dealing 2004

Aug 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2004-08-19

Reporting Person: INNODATA ISOGEN INC (Director, Chairman, CEO & President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-19	Stock Options	$3.75	A	100000	Acquired	2014-08-18	Common Stock (100000)	Direct

Footnotes

F1: 25% on August 19, 2005 and linear thereafter over the succeeding 36 months.

F2: Stock option grant