INNODATA INC — Director's Dealing 2004

Aug 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2004-08-02

Reporting Person: BROUWER KLAAS (Vice President - Technology)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-02	Common Stock	M	81000	$1.56	Acquired	100000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-02	Stock Option	$1.56	M	81000	Disposed	2005-05-31	Common Stock (81000)	Direct

Footnotes

F1: Various

F2: Exercise of Employee Stock Option