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14th May 2004 - New service allows busy executives to keep up to date with
the latest management thinking - online or via audio

Books24x7, a subsidiary of SkillSoft Plc, partners with Soundview Executive
Book Summaries to offer eight-page summaries of the best business books -
fully searchable by title, author or keywords - and accessible either online
or in downloadable PDF or MP3 file formats.

The new service, called ExecSummaries, is available by subscription to all
organisations. The collection currently includes 140 summaries of the best
business books released over the past four years. Produced by Soundview
Executive Book Summaries, the summaries cover business-related subjects such
as leadership; management trends, philosophies and practices; business
strategies; current operational methods; economics; sales and marketing;
customer service; and career techniques. New titles will be added each
month.

Subscribers will be able to quickly pinpoint specific information or access
an entire summary (typically about 5,000 words/eight pages) visually or
orally - either online or via downloadable PDF or MP3 files.

Now that UK laws severely restrict the use of mobile phones while driving,
ExecSummaries will help subscribers to make best use of their travelling
time - allowing them to copy the MP3 content into CD format and listen on the
move to the latest management thinking from the worlds most respected
business gurus.

Kevin Young, managing director of SkillSoft, the parent company of
Books24x7, commented:
"We believe ExecSummaries will be welcomed by all business professionals,
particularly those whose work schedules don't allow them to keep constant
pace with the latest business books."

Organisations can licence ExecSummaries as a stand-alone collection or as a
complement to Books24x7's unabridged IT, business, finance and office
collections. Subscription costs are based on number of users, duration of
contract and other Books24x7 collections licenced. For more information and
samples visit www.books24x7.com; email cdewar@skillsoft.com or call Craig
Dewar on 020 8283 1800.

CONTACT INFO:
Further information and/or interviews with Books24x7 personnel available
from Louise Jaggs at TextOnTap
Tel: +44 (0)1242 257770 mobile: +44 (0)7712 011246
email: skillsoft@textontap.com

NOTES TO EDITORS:
Representative titles included in the collection:

Scoring Points: How Tesco is Winning Customer Loyalty
Clive Humby, Terry Hunt, and Tim Phillips, Kogan Page Ltd, 2004

The Weightless Society
Charles Leadbeater, Thomas Texere, 2000

Good To Great: Why Some Companies Make the Leap and Others Don't
Jim Collins, HarperCollins, 2001

Execution: The Discipline of Getting Things Done
Larry Bossidy and Ram Charan, Crown, 2002


In addition to ExecSummaries Books24x7's fully searchable online library
includes:

7 BusinessPro - an 1,800-title collection covering such topics as
leadership, project management, communications, coaching, time management,
and marketing and sales
7 ITPro - a 3,600-title collection encompassing areas such as programming,
web development, operating systems, IT certification, databases, enterprise
computing, graphic design
7 FinancePro - a collection of 270 titles targeted to financial
professionals and covering financial and accounting topics such as GAAP,
business valuation, Sarbanes-Oxley compliance, portfolio analysis,
International Accounting Standards guidelines, and global economics
7 OfficeEssentials - a 100-title specialty collection targeted to
non-technical users who require occasional real-time assistance with common
desktop applications such as Microsoft Office.

About Soundview Executive Book Summaries
Founded in 1978, Soundview Executive Book Summaries pioneered the concept of
distilling the key points and ideas of full-length business books into quick
and easy-to-read print summaries. Each year, the company reviews
approximately 1,500 business books and selects 'the best of the best' for
the 30 summaries published annually. Each summary is approximately 5,000
words (eight standard pages) in length.
Co-founder and publisher Cynthia Folino moved the company to Vermont in the
early 1980s. In 1999, the company was acquired by Clement Publishing Group,
a Concordville, Pennsylvania-based publisher of business-to-business
newsletters and employee communications programs since 1919. Today, the
company is the global leader in business content summarization. For more
information, visit www.summary.com.

About Books24x7
Books24x7, a subsidiary of SkillSoft PLC (Nasdaq: SKIL), offers subscription
clients online access to more than 5,000 unabridged IT and business books
and reports. Books24x7s patent-pending technology platform enables users
to pinpoint business-critical information quickly by performing multi-tier,
online searches of the company's Referenceware collections: ITPro,
BusinessPro, FinancePro, and OfficeEssentials.
Books24x7 helps bridge the gap between what employees know and need to know
in hundreds of leading organisations, including Bank of America, EDS, and
Lockheed Martin. The company has relationships with more than 100 leading
publishers, including AMACOM, Apress, ASTD, Harvard Business School Press,
McGraw-Hill, Microsoft Press, and John Wiley & Sons. For more information,
visit www.books24x7.com.

SkillSoft, SkillPort, RolePlay,SEARCH-and-LEARN, e-Learning for the
Knowledge Economy, NetUniversity, and Accelerated Path are trademarks and/or
servicemarks of SkillSoft PLC. Books24x7 and Referenceware are servicemarks
of Books24x7, Inc. All other brand names, trademarks, or registered
trademarks are the property of their respective holders.
This release includes information that constitutes forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Any such forward-looking
statements involve risk and uncertainties that could cause actual results to
differ materially from any future results encompassed within the
forward-looking statements. Factors that could cause or contribute to such
differences include difficulties in integrating the organizations of
SmartForce and SkillSoft, competitive pressures, changes in customer demands
or industry standards, adverse economic conditions, loss of key personnel,
litigation and other matters disclosed under the heading "Future Operating
Results" in SkillSoft's Quarterly Report on Form 10-Q for the quarter ended
January 31, 2004, as filed with the Securities and Exchange Commission. The
forward-looking financial information provided by the Company in this press
release represents the Company's estimates as of April 27, 2004. We
anticipate that subsequent events and developments will cause the Company's
estimates to change. However, while the Company may elect to update this
forward-looking financial information at some point in the future, the
Company specifically disclaims any obligation to do so. This forward-looking
information should not be relied upon as representing the Company's
estimates of its future financial performance as of any date subsequent to
the date of this release.


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