INNODATA INC — Director's Dealing 2005

Dec 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2005-11-30

Reporting Person: TANPHO JURGEN (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-30	Common Stock	M	36320	$.67	Acquired	50700	Direct
2005-11-30	Common Stock	S	2700	$3.00	Disposed	48000	Direct
2005-11-30	Common Stock	S	2900	$3.01	Disposed	45100	Direct
2005-11-30	Common Stock	S	100	$3.02	Disposed	45000	Direct
2005-12-01	Common Stock	M	3281	$.67	Acquired	48281	Direct
2005-12-01	Common Stock	S	300	$3.00	Disposed	47981	Direct
2005-12-01	Common Stock	S	1750	$3.01	Disposed	46231	Direct
2005-12-01	Common Stock	S	800	$3.02	Disposed	45431	Direct
2005-12-01	Common Stock	S	400	$3.04	Disposed	45031	Direct
2005-12-01	Common Stock	S	31	$3.05	Disposed	45000	Direct
2005-12-02	Common Stock	M	7275	$.67	Acquired	52275	Direct
2005-12-02	Common Stock	S	6900	$3.00	Disposed	45375	Direct
2005-12-02	Common Stock	S	300	$3.01	Disposed	45075	Direct
2005-12-02	Common Stock	S	75	$3.03	Disposed	45000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-30	Stock Options	$.67	M	36320	Disposed	2014-06-08	Common Stock (36320)	Direct
2005-12-01	Stock Options	$.67	M	3281	Disposed	2014-06-08	Common Stock (3281)	Direct
2005-12-02	Stock Options	$.67	M	7275	Disposed	2014-06-08	Common Stock (7275)	Direct

Footnotes

F1: Exercise of employee stock options

F2: Currently exercisable