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: TANPHO JURGEN (Vice President - Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-19	Common Stock	M	23400	$.50	Acquired	23400	Direct
2004-08-19	Common Stock	S	19600	$3.75	Disposed	3800	Direct
2004-08-19	Common Stock	S	1000	$3.76	Disposed	2800	Direct
2004-08-19	Common Stock	S	2100	$3.78	Disposed	700	Direct
2004-08-19	Common Stock	S	700	$3.79	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-19	Stock Options	$.50	M	23400	Disposed	2013-07-01	Common Stock (23400)	Direct

Footnotes

F1: Various

F2: Exercise of employee stock options