Item 7.01. Regulation FD Disclosure

On November 24, 2008, SkillSoft Public Limited Company (the "Company") issued a press release announcing its third quarter fiscal 2009 results, which also was furnished by the Registrant on Form 8-K on November 24, 2008. The press release contained an error with respect to the anticipated adjusted net income for the fiscal 2009 fourth quarter. The press release dated November 24, 2008 reported an anticipated adjusted net income for the fiscal 2009 fourth quarter to be between $5.0 million and $8.0 million, or $0.05 to $0.07 per basic and diluted share. The correct range for anticipated adjusted net income for the fiscal 2009 fourth quarter should have been reported as between $6.0 million and $9.0 million, or $0.06 to $0.08 per basic and diluted share.

The Company reconfirms that its targeted adjusted net income for fiscal 2009 is estimated to be between $38.0 million and $41.0 million, or $0.35 to $0.38 per basic and diluted share. Targeted adjusted net income for fiscal 2009 is calculated by combining the net income for the nine months ended October 31, 2008 of $32.0 million and the anticipated adjusted net income for the fiscal 2009 fourth quarter of between $6.0 million and $9.0 million.

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