Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Mobed Rohinton
   2. Issuer Name and Ticker or Trading Symbol
IHS Inc. [IHS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Co-President and Co-COO
(Last)
(First)
(Middle)
C/O IHS INC., 15 INVERNESS WAY EAST		 3. Date of Earliest Transaction (Month/Day/Year)
11/30/2008
(Street)

ENGLEWOOD, CO 80112		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 30.8 11/30/2008   D(1)     49,500   (1) 02/28/2009(2) Class A Common Stock 49,500 (1) 0 D  
Employee Stock Option (right to buy) $ 30.8 11/30/2008   A(1)   49,500   11/30/2008 08/31/2009 Class A Common Stock 49,500 (1) 49,500 D  
Employee Stock Option (right to buy) $ 37.65 11/30/2008   D(3)     12,500   (3) 02/28/2009(2) Class A Common Stock 12,500 (3) 0 D  
Employee Stock Option (right to buy) $ 37.65 11/30/2008   A(3)   12,500   11/30/2008 08/31/2009 Class A Common Stock 12,500 (3) 12,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Mobed Rohinton
C/O IHS INC.
15 INVERNESS WAY EAST
ENGLEWOOD, CO 80112		       Co-President and Co-COO  

Signatures

 s/ M. Sean Radcliffe, as Attorney-in-Fact for the Reporting Person   12/01/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The two reported transactions involved the amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 24, 2006 and provided for vesting on July 24, 2010. The exercise price was not amended or adjusted since the original grant date
(2) The option as originally granted provided for an eight-year term and provided for an option exercise period of three months following termination, so long as the option exercise period did not exceed the original eight-year term. The termination date for the reporting person is November 30, 2008.
(3) The reported transactions involved the amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 29, 2007 and provided that 1/3 of the total 12,500 option shares granted would vest on the first three anniversaries of the January 29, 2007 grant date. Immediately prior to the amendment of the outstanding option, 4,167 shares were vested and unexercised. The exercise price was not amended or adjusted since the original grant date

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