----

----

| (Mark One) |                                                                                                                                                     |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|
| R          | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                                                     |
|       |                                                                                                                                                     |
|       | For the fiscal year ended January 31, 2010                                                                                                               |
|       | or                                                                                                                                                       |
| £     | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                                            |
|       |                                                                                                                                                     |
|       | For the transition period from          to           |

| Republic of Ireland                                           | None                                |
|---------------------------------------------------------------|-------------------------------------|
| (State or Other Jurisdiction ofIncorporation or Organization) | (I.R.S. EmployerIdentification No.) |
| 107 Northeastern Boulevard                                    | 03062                               |
| Nashua, New Hampshire                                         | (Zip Code)                          |
| (Address of Principal Executive Offices)                      |                                |

| Title of Each Class          | Name of Each Exchange on Which Registered |
|------------------------------|-------------------------------------------|
| Ordinary Shares, €0.11 | NASDAQ Global Market                      |

|   | Large accelerated filerR                      | Accelerated filer£         |   |
|--------|-----------------------------------------------|---------------------------------|--------|
|   | Non-accelerated filer£                   | Smaller reporting company£ |   |
|   | (Do not check if a smaller reporting company) |                            |   |

----

|  Part III                                                                                                |   |
|---------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                          |   |
| Item 10. Directors, Executive Officers and Corporate Governance                                               |   |
|                                                                                                          |   |
| Item 11. Executive Compensation                                                                          |   |
|                                                                                                          |   |
| Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters  |   |
|                                                                                                          |   |
| Item 13. Certain Relationships and Related Transactions, and Director Independence                  |   |
|                                                                                                          |   |
| Item 14. Principal Accountant Fees and Services                                                          |   |
|                                                                                                          |   |
| PART IV                                                                                                  |   |
|                                                                                                          |   |
| Item 15. Exhibits and Financial Statements Schedules                                                     |   |
|                                                                                                          |   |
| SIGNATURES                                                                                               |   |
| Ex-31.3 Section 302 Certification of CEO                                                                 |   |
| Ex 31.4 Section 302 Certification of CFO                                                                 |   |

----

PART III

Item 10. Directors, Executive Officers and Corporate Governance

----

| Name                | Age | Position                                                        |
|---------------------|-----|-----------------------------------------------------------------|
| Charles E. Moran    | 55  | President and Chief Executive Officer                           |
| Thomas J. McDonald  | 60  | Chief Financial Officer, Executive Vice President and Secretary |
| Jerald A. Nine, Jr. | 52  | Chief Operating Officer                                         |
| Mark A. Townsend    | 57  | Executive Vice President, Technology                            |
| Colm M. Darcy       | 46  | Executive Vice President, Content Development                   |
| Anthony P. Amato    | 45  | Vice President, Finance and Chief Accounting Officer            |

----

Item11. Executive Compensation

|   | · | ensure that a significant part of executive compensation is tied to the achievement of corporate and individual performance objectives, which both promotes and rewards the achievement of those objectives; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | align long-term executive incentives with the creation of shareholder value; and |
|--------|--------|----------------------------------------------------------------------------------|

|   | · | attract, retain and motivate the best possible executive talent. |
|--------|--------|------------------------------------------------------------------|

----

|   | · | base salaries are targeted at the 25th percentile of our peer group; |
|--------|--------|----------------------------------------------------------------------|

|   | · | total cash compensation (base salary and target bonus) is targeted at the 75th percentile of our peer group; and |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | · | equity compensation is targeted at the 75th percentile of our peer group. |
|--------|--------|---------------------------------------------------------------------------|

|   | · | base salary; |
|--------|--------|--------------|

|   | · | cash incentive bonuses; |
|--------|--------|-------------------------|

|   | · | share option awards; |
|--------|--------|----------------------|

|   | · | employee benefits; and |
|--------|--------|------------------------|

|   | · | severance benefits. |
|--------|--------|---------------------|

----

| Name                |   | As a Percentage of Base Salary |   |   | Target Amount |   |
|---------------------|--------|--------------------------------|--------|--------|---------------|--------|
|                |   |                           |   |   |          |   |
| Charles E. Moran    |   |                           | 198    | %      |          | $      | 736,300 |   |
| Thomas J. McDonald  |   |                           | 123    | %      |          | $      | 309,100 |   |
| Jerald A. Nine, Jr. |   |                           | 130    | %      |          | $      | 367,400 |   |
| Colm M. Darcy       |   |                           | 105    | %      |          | $      | 210,900 |   |
| Mark A. Townsend    |   |                           | 105    | %      |          | $      | 210,900 |   |

----

| Performance Metric   |   | Level 3 Target             |   | Actual Result  |
|----------------------|--------|----------------------------|--------|----------------|
| Q1 Adjusted EBITDA   |   | $26.0 million or higher    |   | $32.7 million  |
| Q1 Revenue           |   | $77.5 million of higher(1) |   | $76.4 million  |
| Q2 Adjusted EBITDA   |   | $27.0 million or higher    |   | $30.8 million  |
| Q2 Revenue           |   | $76.5 million or higher    |   | $78.9 million  |
| Q3 Adjusted EBITDA   |   | $27.0 million or higher    |   | $32.1 million  |
| Q3 Revenue           |   | $76.0 million or higher    |   | $80.4 million  |
| Q4 Adjusted EBITDA   |   | $25.0 million or higher    |   | $26.7 million  |
| Q4 Revenue           |   | $75.0 million or higher    |   | $79.2 million  |
| FY10 Adjusted EBITDA |   | $105.0 million or higher   |   | $122.3 million |
| FY10 Revenue         |   | $305.0 million or higher   |   | $315.0 million |

|   | (1) | SkillSoft’s revenue targets were based on foreign exchange rates in effect at January 31, 2009. Revenue can be positively or negatively impacted due to changes in foreign exchange rates. Consequently, revenue results for purposes of determining the level of performance achieved was actual revenue, adjusted based on foreign exchange rates in effect at January 31, 2009. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name                |   | Amount |    |
|---------------------|--------|--------|---------|
| Charles E. Moran    |   | $      | 630,000 |   |
| Jerald A. Nine, Jr. |   | $      | 375,000 |   |
| Thomas J. McDonald  |   | $      | 270,000 |   |
| Colm M. Darcy       |   | $      | 112,500 |   |
| Mark A. Townsend    |   | $      | 112,500 |   |

----

|   | · | All option grants to executive officers, and all option grants to other employees except options granted under a limited discounted option grant program to non-executive employees, will have an exercise price equal to the last reported sale price of our ADSs on NASDAQ on the date of grant. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our chief executive officer can continue to make option grants to non-executive officers, subject to limitations imposed by the compensation committee. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Option grants to executive officers will be made only during a meeting of the compensation committee or the board of directors, and may not be approved by written consent. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Option grants to newly hired employees — whether made by the chief executive officer, the compensation committee or the board of directors — will be made on the first trading day of the month following their date of hire. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Options will not be granted by the compensation committee or the board of directors during the quarter-end blackout periods under our insider trading policy; provided that options may be approved during a meeting within a blackout period with the grant to be effective as of — and priced based on the trading price — two days after the end of the blackout period. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  Name andPrincipal Position              |  Fiscal Year |   |  Salary ($) |    |   | Bonus ($) |   |   | Stock Awards ($) |   |   | Option Awards ($) |   |   | Non-Equity Incentive Plan Compensation ($) (1) |   |   | All Other Compensation ($) (2) |   |      |  Total ($) |   |
|-----------------------------------------------|-------------------|--------|------------------|---------|--------|-----------|--------|--------|------------------|--------|--------|-------------------|--------|--------|------------------------------------------------|--------|--------|--------------------------------|--------|-----------|-----------------|--------|
|                                          |              |   |             |    |   |      |   |   |             |   |   |              |   |   |                                           |   |   |                           |   |      |            |   |
| Charles E. Moran                              | 2010              |   |             | 372,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 2,286,649 |            |   |   | 10,334 |   |   |   | 2,668,983 |   |
| President & CEO                           | 2009              |   |             | 372,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 590,806   |            |   |   | 10,334 |   |   |   | 973,140 |   |
|                                          | 2008              |   |             | 335,146 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 653,901   |            |   |   | 10,334 |   |   |   | 999,381 |   |
|                                          |              |   |             |    |   |      |   |   |             |   |   |              |   |   |                                           |   |   |                           |   |      |            |   |   |   |   |   |   |   |   |
| Thomas J. McDonald                            | 2010              |   |             | 252,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 965,465   |            |   |   | 54,865 |   |   |   | 1,272,330 |   |
| CFO & Executive Vice President            | 2009              |   |             | 252,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 222,076   |            |   |   | 56,690 |   |   |   | 530,766 |   |
|                                          | 2008              |   |             | 236,292 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 266,438   |            |   |   | 53,581 |   |   |   | 556,311 |   |
|                                          |              |   |             |    |   |      |   |   |             |   |   |              |   |   |                                           |   |   |                           |   |      |            |   |   |   |   |   |   |   |   |
| Jerald A. Nine, Jr.                           | 2010              |   |             | 282,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 1,201,637 |            |   |   | 8,603 |   |   |   | 1,492,240 |   |
| COO                                           | 2009              |   |             | 282,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 281,648   |            |   |   | 8,603 |   |   |   | 572,251 |   |
|                                          | 2008              |   |             | 264,781 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 338,354   |            |   |   | 8,603 |   |   |   | 611,738 |   |
|                                          |              |   |             |    |   |      |   |   |             |   |   |              |   |   |                                           |   |   |                           |   |      |            |   |   |   |   |   |   |   |   |
| Mark A. Townsend                              | 2010              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 587,019   |            |   |   | 7,026 |   |   |   | 794,045 |   |
| Executive Vice President, Technology          | 2009              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 176,250   |            |   |   | 7,026 |   |   |   | 383,276 |   |
|                                          | 2008              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 225,000   |            |   |   | 7,026 |   |   |   | 432,026 |   |
|                                          |              |   |             |    |   |      |   |   |             |   |   |              |   |   |                                           |   |   |                           |   |      |            |   |   |   |   |   |   |   |   |
| Colm M. Darcy                                 | 2010              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 587,019   |            |   |   | 7,026 |   |   |   | 794,045 |   |
| Executive Vice President, Content Development | 2009              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 176,250   |            |   |   | 7,026 |   |   |   | 383,276 |   |
|                                          | 2008              |   |             | 200,000 |   |      |   | --     |             |   |   | --                |   |   |                                           | --     |   |                           |   | 225,000   |            |   |   | 5,495 |   |   |   | 430,495 |   |

|   | (1) | The amounts in this column reflect cash bonus awards earned by our named executive officers for performance under our executive incentive compensation programs and a one-time discretionary cash bonus paid in August 2009. See “Compensation Discussion and Analysis — Components of our Executive Compensation Program — Cash Incentive Bonuses” above for a description of the fiscal 2010 program and these discretionary cash bonuses. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | All Other Compensation is comprised of the following: |
|--------|-----|-------------------------------------------------------|

| Name                |   | Fiscal Year |   | Personal Benefits ($) (a) |   |   | Life Insurance Premiums ($) (b) |   |   | Defined Contribution Plans ($) (c) |   |   | Vacation($) (d) |   |
|---------------------|--------|-------------|--------|---------------------------|--------|--------|---------------------------------|--------|--------|------------------------------------|--------|--------|-----------------|--------|
|                |   |        |   |                      |   |   |                            |   |   |                               |   |   |            |   |
| Charles E. Moran    |   | 2010        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 7,154 |   |
|                |   | 2009        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 7,154 |   |
|                |   | 2008        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 7,154 |   |
|                |   |        |   |                      |   |   |                            |   |   |                               |   |   |            |   |   |   |   |   |
| Thomas J. McDonald  |   | 2010        |   |                      | 46,839 |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 4,846 |   |
|                |   | 2009        |   |                      | 48,664 |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 4,846 |   |
|                |   | 2008        |   |                      | 45,555 |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 4,846 |   |
|                |   |        |   |                      |   |   |                            |   |   |                               |   |   |            |   |   |   |   |   |
| Jerald A. Nine, Jr. |   | 2010        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 5,423 |   |
|                |   | 2009        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 5,423 |   |
|                |   | 2008        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 5,423 |   |
|                |   |        |   |                      |   |   |                            |   |   |                               |   |   |            |   |   |   |   |   |
| Mark A. Townsend    |   | 2010        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 3,846 |   |
|                |   | 2009        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 3,846 |   |
|                |   | 2008        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 3,846 |   |
|                |   |        |   |                      |   |   |                            |   |   |                               |   |   |            |   |   |   |   |   |
| Colm M. Darcy       |   | 2010        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 3,846 |   |
|                |   | 2009        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 3,846 |   |
|                |   | 2008        |   |                      | --     |   |                            |   | 780    |                               |   |   | 2,400           |   |   |   | 2,315 |   |

|   | (a) | The personal benefits for Thomas J. McDonald include $9,000, $9,000 and $9,840 for use of an apartment leased by us for fiscal 2008, 2009 and 2010, respectively, $4,920, $4,500 and $4,044 for use of a company-leased vehicle for fiscal 2008, 2009 and 2010, respectively, $19,586, $17,426 and $20,566 for personal travel for fiscal 2008, 2009 and 2010, respectively, and $12,049, $17,738 and $12,389 for reimbursement of tax obligations related to such personal benefits for fiscal 2008, 2009 and 2010, respectively. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Represents premiums paid by us for life insurance for which the named executive officer is the named beneficiary. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (c) | Reflects amounts paid by us pursuant to our 401(k) matching program, with limits of $100 per pay period, up to a maximum of $2,400 per year. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Includes amounts paid in fiscal 2008, 2009 and 2010 as accrued and unused vacation time per our policy. |
|--------|-----|---------------------------------------------------------------------------------------------------------|

----

|                |   |       |   | Estimated Future Payouts UnderNon-Equity Incentive Plan Awards (1) |    |
|---------------------|--------|------------|--------|--------------------------------------------------------------------|---------|
| Name                |   | Grant Date |   | Threshold ($) (2)                                                  |    |   | Target ($) (3) |   |   | Maximum ($) (4) |   |
|                |   |       |   |                                                               |    |   |   |   |   |   |   |
| Charles E. Moran    |   | 5/29/09    |   |                                                               | 349,743 |   |   |   | 736,300 |   |   |   | 1,656,675 |   |
|                |   |       |   |                                                               |    |   |   |   |   |   |   |   |   |   |
| Thomas J. McDonald  |   | 5/29/09    |   |                                                               | 146,823 |   |   |   | 309,100 |   |   |   | 695,475 |   |
|                |   |       |   |                                                               |    |   |   |   |   |   |   |   |   |   |
| Jerald A. Nine, Jr. |   | 5/29/09    |   |                                                               | 174,515 |   |   |   | 367,400 |   |   |   | 826,650 |   |
|                |   |       |   |                                                               |    |   |   |   |   |   |   |   |   |   |
| Mark A. Townsend    |   | 5/29/09    |   |                                                               | 100,178 |   |   |   | 210,900 |   |   |   | 474,525 |   |
|                |   |       |   |                                                               |    |   |   |   |   |   |   |   |   |   |
| Colm M. Darcy       |   | 5/29/09    |   |                                                               | 100,178 |   |   |   | 210,900 |   |   |   | 474,525 |   |

|   | (1) | Reflects the threshold, target and maximum cash award amounts under our fiscal 2010 executive incentive compensation program. The amounts actually paid to the named executive officers under our fiscal 2010 executive incentive compensation program are shown above in the Non-Equity Incentive Plan Compensation column of the Summary Compensation Table. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Reflects the total minimum amount that could have been earned if the minimum targets for all of the quarterly and annual metrics had been achieved. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Reflects the total amount that could have been earned if the targeted quarterly and annual metrics had been achieved. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------|

|   | (4) | Reflects the total maximum amount that could have been earned if the maximum targets for all of the quarterly and annual metrics had been achieved. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                   |   | Option Awards (5)                                                   |
|------------------------|--------|---------------------------------------------------------------------|
|    Name |   | Number of Securities Underlying Unexercised Options (#) Exercisable |   | Number of Securities Underlying Unexercised Options (#) Unexercisable |   | Equity Incentive Plan Awards:  Number of Securities Underlying Unexercised Unearned Options (#) |   | Option Exercise Price ($) |   |  Option Expiration Date (5) |
|                   |   |                                                                |   |   |   |   |   |   |   |   |   |   |
| Charles E. Moran       |   |                                                                | 710,219 | (1) |   |   |   |   |   |   |   | 6.36 |   | 9/27/2011 |
|                   |   |                                                                | 244,438 | (2) |   |   |   |   |   |   |   | 4.06 |   | 8/16/2012 |
|                   |   |                                                                | 1,541,666 | (3) |   |   | 458,334 | (3) |   |   |   |   | 6.41 |   | 12/5/2013 |
|                   |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Thomas J. McDonald     |   |                                                                | 206,739 | (1) |   |   |   |   |   |   |   |   | 6.36 |   | 9/27/2011 |
|                   |   |                                                                | 631,959 | (2) |   |   |   |   |   |   |   |   | 4.06 |   | 8/16/2012 |
|                   |   |                                                                | 616,666 | (3) |   |   | 183,334 | (3) |   |   |   |   | 6.41 |   | 12/5/2013 |
|                   |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jerald A. Nine, Jr.    |   |                                                                | 78,359 | (1) |   |   |   |   |   |   |   |   | 6.36 |   | 9/27/2011 |
|                   |   |                                                                | 925,000 | (3) |   |   | 275,000 | (3) |   |   |   |   | 6.41 |   | 12/5/2013 |
|                   |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mark A. Townsend       |   |                                                                | 24,904 | (1) |   |   |   |   |   |   |   |   | 6.36 |   | 9/27/2011 |
|                   |   |                                                                | 595,986 | (2) |   |   |   |   |   |   |   |   | 4.06 |   | 8/16/2012 |
|                   |   |                                                                | 308,333 | (3) |   |   | 91,667 | (3) |   |   |   |   | 6.41 |   | 12/5/2013 |
|                   |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colm M. Darcy          |   |                                                                | 155,889 | (3) |   |   | 91,667 | (3) |   |   |   |   | 6.41 |   | 12/5/2013 |
|                   |   |                                                                | 50,000 | (4) |   |   |   |   |   |   |   |   | 19.06 |   | 4/5/2011 |

|   | (1) | These options were granted on September 27, 2001. The options vested as to 1/48th of the shares subject to the option at the end of each successive one month period following the grant date over 48 months. In addition, the shares subject to this option were allocated as incentive stock options to the extent permissible under the Internal Revenue Code. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | These options were granted on August 16, 2002. The options vested as to 25% of the shares subject to the option on August 16, 2003 and 1/48th of the shares subject to the option at the end of each one month period following the first anniversary of the grant date over the remaining 36 months. In addition, the shares subject to this option were allocated as incentive stock options to the extent permissible under the Code. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | These options were granted on December 5, 2006. The options vested as to 25% of the shares subject to the option on December 5, 2007 and 1/48th of the shares subject to the option at the end of each one month period following the first anniversary of the grant date over the remaining 36 months. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | These options were granted on April 5, 2001. The options vested as to 25% of the shares subject to the option on January 15, 2002, 25% of the shares subject to the option on January 15, 2003, and 1/48th of the shares subject to the option at the end of each one month period following the second anniversary of the grant date over the remaining 24 months. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | Each option has a term of seven or ten years, and generally expires shortly following the termination of the executive’s employment. In addition, as described below under “Employment Agreements and Potential Termination Payments”, the executive may elect to extend the vesting and exercisability of these options following employment termination under certain circumstances. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                |   | Option Awards                             |   |
|---------------------|--------|-------------------------------------------|--------|
| Name                |   | Number of Shares Acquired on Exercise (#) |   |   | Value Realized on Exercise (1)($) |   |
|                |   |                                      |   |   |   |   |
| Charles E. Moran    |   |                                      | -      |   |   |   | - |   |
| Thomas J. McDonald  |   |                                      | -      |   |   |   | - |   |
| Jerald A. Nine, Jr. |   |                                      | 3,500  |   |   |   | 11,200 |   |
| Mark A. Townsend    |   |                                      | -      |   |   |   | - |   |
| Colm M. Darcy       |   |                                      | 50,000 |   |   |   | 113,415 |   |

|   | (1) | The value realized on exercise is calculated as the difference between the actual sales price of the shares underlying the options exercised and the applicable exercise price of those options. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                |   | Severance Payments |    |   |             |   |      |                                |   |   |         |   |
|---------------------|--------|--------------------|---------|--------|------------------|--------|-----------|-------------------------------------|--------|--------|--------------|--------|
| Name                |   | Base Salary ($)    |    |   | Target Bonus ($) |   |      | Extended Vesting of Options (1) ($) |   |   | Benefits ($) |   |   | Total ($) |   |
|                |   |               |    |   |             |   |      |                                |   |   |         |   |   |   |   |
| Charles E. Moran    |   |               | 372,000 |   |             |   | 1,104,450 |                                |   |   | 1,353,612    |   |   |   | -- |   |   |   | 2,830,062 |   |
|                |   |               |    |   |             |   |      |                                |   |   |         |   |   |   |   |   |   |   |   |   |
| Thomas J. McDonald  |   |               | 126,000 |   |             |   |      |                                |   |   | 319,710      |   |   |   | 3,752 |   |   |   | 449,462 |   |
|                |   |               |    |   |             |   |      |                                |   |   |         |   |   |   |   |   |   |   |   |   |
| Jerald A. Nine, Jr. |   |               | 282,000 |   |             |   | 551,100   |                                |   |   | 812,167      |   |   |   | -- |   |   |   | 1,645,267 |   |
|                |   |               |    |   |             |   |      |                                |   |   |         |   |   |   |   |   |   |   |   |   |
| Mark A. Townsend    |   |               | 100,000 |   |             |   |      |                                |   |   | 159,855      |   |   |   | 9,943 |   |   |   | 269,738 |   |
|                |   |               |    |   |             |   |      |                                |   |   |         |   |   |   |   |   |   |   |   |   |
| Colm M. Darcy       |   |               | 175,000 |   |             |   |      |                                |   |   | 159,855      |   |   |   | -- |   |   |   | 334,855 |   |

|   | (1) | These options would continue to vest for a specified period of time following the termination event. We calculated a Black-Scholes value for the options for the extended period of time following the termination event and have presented this incremental value in the above table. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | each Outside Director receives an annual retainer of $30,000; |
|--------|--------|---------------------------------------------------------------|

|   | · | the chairman of the Audit Committee receives an additional annual retainer of $20,000; |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | the chairman of each of the Compensation Committee and the Nominating and Corporate Governance Committee receives an additional annual retainer of $7,500; and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | each Outside Director who is a member of any Committee of the Board of Directors receives an additional payment of $2,000 per Board or Committee meeting attended up to a maximum of ten meetings per year (including by conference telephone) beyond regularly scheduled meetings (i.e. a maximum additional payment of $20,000), provided that only one meeting payment would be made in the event such additional meetings of the Board of Directors and one or more Committee were held on the same day. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Name                      |   | Fees Earned or Paid in Cash ($) |   |   | Option Awards ($) (1) |   |    | Total ($) |   |
|---------------------------|--------|---------------------------------|--------|--------|-----------------------|--------|---------|-----------|--------|
| P. Howard Edelstein       |   | $                               | 48,000 |   |                  |   | 75,672  |      |   | $ | 123,672 |   |
| Stewart K.P. Gross (2)    |   | $                               | 55,000 |   |                  |   | 75,672  |      |   | $ | 130,672 |   |
| James S. Krzywicki        |   | $                               | 52,500 |   |                  |   | 75,672  |      |   | $ | 128,172 |   |
| Ferdinand von Prondzynski |   | $                               | 48,000 |   |                  |   | 75,672  |      |   | $ | 123,672 |   |
| William F. Meagher, Jr.   |   | $                               | 70,000 |   |                  |   | 75,672  |      |   | $ | 145,672 |   |
| William J. Boyce          |   | $                               | 49,378 |   |                  |   | 201,652 |      |   | $ | 251,030 |   |

|   | (1) | The amounts in this column reflect the grant date fair value of stock options granted under our equity plans in fiscal 2010. The grant date fair value was determined by using the Black-Scholes option pricing model. There can be no assurance that these amounts will ever be realized. The assumptions we used to calculate these amounts are included in Note 9 to our audited financial statements for fiscal 2010, included in our Annual Report on Form 10-K for fiscal 2010 filed on March 25, 2010. As of January 31, 2010, each continuing Outside Director held options for the following number of shares: Mr. Edelstein: 125,000, Mr. Krzywicki: 115,000, Mr. Meagher: 115,000, Dr. von Prondzynski: 125,000 and Mr. Boyce: 70,000. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Mr. Gross retired by rotation and did not seek re-election to the Board of Directors at the 2009 Annual General Meeting of Shareholders held September 30, 2009. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

| Plan Category (1)                                          |   | (a)Number of Shares to be Issued upon Exercise of Outstanding Options, Warrants and Rights |      | (b)Weighted Average Exercise Price of Outstanding options, Warrants and Rights ($) |   | (c)Number of Shares Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) |
|------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------|-----------|------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|
|                                                       |   |                                                                                       |      |                                                                               |   |                                                                                                                                       |   |   |   |
| Equity compensation plans approved by security holders     |   |                                                                                       | 5,969,265 | (2)                                                                                |   |                                                                                                                                       | 8.49 | (2) |   |   | 2,837,057 | (3) |
| Equity compensation plans not approved by security holders |   |                                                                                       | 2,215,669 | (4)                                                                                |   |                                                                                                                                       | 10.00 |   |   |   | -- |   |
|                                                       |   |                                                                                       |      |                                                                               |   |                                                                                                                                       |   |   |   |   |   |   |
|                                                       |   |                                                                                       | 8,184,934 |                                                                               |   |                                                                                                                                       | 7.31 |   |   |   | 2,837,057 |   |

|   | (1) | This table excludes an aggregate of 3,801,704 ordinary shares issuable upon exercise of options that we assumed in connection with our merger with SkillSoft Corporation. The weighted average exercise price of the excluded options is $6.12 per share. We assumed the SkillSoft Corporation 1998 and 2001 Stock Incentive Plans and the Books24x7.com, Inc. 1994 Stock Option Plan only insofar as they related to options outstanding under the plans at the time of the merger, and we may not grant any future options under any of those plans. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Excludes ordinary shares issuable under our 2004 Employee Stock Purchase Plan in connection with the current offering period; such ordinary shares are included in column (c). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Consists of 1,901,076 ordinary shares reserved for issuance under the 2002 Share Option Plan (the “2002 Plan”), 867,231 ordinary shares reserved for issuance under the 2004 Employee Share Purchase Plan and 68,750 ordinary shares reserved for issuance under the 2001 Outside Director Plan. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Consists of 2,215,669 ordinary shares subject to outstanding options under our 1996 Supplemental Stock Plan (the “1996 Plan”). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

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Item 13. Certain Relationships and Related Transactions, and Director Independence Policies and Procedures Regarding Review, Approval or Ratification of Related Person Transactions

|   | · | interests arising solely from the related person’s position as an executive officer of another entity (whether or not the person is also a director of such entity), that is a participant in the transaction, where (a) the related person owns in the aggregate less than a 5% equity interest in such entity, (b) the related person and his or her immediate family members are not involved in the negotiation of the terms of the transaction and do not receive any special benefits as a result of the transaction, (c) the amount involved in the transaction equals less than 1% of the annual consolidated gross revenues of the other entity that is a party to the transaction, or (d) the amount involved in the transaction equals less than 1% of SkillSoft’s annual consolidated gross revenues; and |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | a transaction that is specifically contemplated by provisions of our Articles of Association or Memorandum of Association. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------|

----

Item 14. Principal Accountant Fees and Services; Auditors’ Fees

| Fee Category           |   | Fiscal Year Ended January 31, 2010 |      |   | Fiscal Year Ended January 31, 2009 |   |
|------------------------|--------|------------------------------------|-----------|--------|------------------------------------|--------|
|                   |   |                               |      |   |                               |   |
| Audit Fees (1)         |   | $                                  | 1,567,000 |   |                               | $      | 1,664,000 |   |
| Audit-Related Fees (2) |   | $                                  | 106,000   |   |                               | $      | 20,000 |   |
| Tax Fees (3)           |   | $                                  | 462,000   |   |                               | $      | 1,780,000 |   |
|                   |   |                               |      |   |                               |   |   |   |
| Total Fees             |   | $                                  | 2,135,000 |   |                               | $      | 3,464,000 |   |

|   | (1) | Audit fees consist of fees for the audit of our financial statements, the audit of our internal control over financial reporting, the review of the interim financial statements in our quarterly reports on Form 10-Q, other professional services provided or accrued for in connection with statutory and regulatory filings or engagements for the fiscal years ended January 31, 2010 and January 31, 2009. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Audit-related fees consist of fees for assurance and related services that are reasonably related to the performance of the audit and the review of our financial statements and which are not reported under “Audit Fees.” These services relate to employee benefit plan audits and accounting consultation services performed in connection with due diligence reviews from potential buyers of the Company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Tax fees consist of fees for tax compliance, tax advice and tax planning services. Tax compliance services, which relate to preparation of original and amended tax returns and claims for refunds, accounted for $181,000 of the total tax fees billed in the fiscal year ended January 31, 2010 and $209,500 of the total tax fees billed in the fiscal year ended January 31, 2009. Tax advice and tax planning services relate to a transfer pricing analysis, tax advice, assistance with tax audits and appeals, tax advice related to mergers and acquisitions, employee benefit plans and requests for rulings or technical advice related to matters concerning various taxing authorities. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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PART IV

Item 15. Exhibits and Financial Statement Schedules

|   | (a) | Documents Filed as a Part of our Annual Report on Form 10-K filed with the SEC on March 25, 2010: |
|--------|-----|---------------------------------------------------------------------------------------------------|

|   | 1. | Financial Statements. The following documents are filed as Appendix B to our Annual Report on Form 10-K filed with the SEC on March 25, 2010 and are included as part of such report: |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Financial Statement Schedules. All Financial Statement Schedules have been omitted since they are either not required, not applicable, or the information is otherwise included in our Annual Report on Form 10-K filed with the SEC on March 25, 2009. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | Exhibits. The Exhibits listed in the Exhibit Index immediately preceding such Exhibits are filed as part of and incorporated by reference in this Form 10-K/A. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

SIGNATURES

|   |                                         |                                                                    |   |   |
|--------|----------------------------------------------|-------------------------------------------------------------------------|--------|--------|
|   | SKILLSOFT PUBLIC LIMITED COMPANY   |                                                                    |
|   | By:                                | /s/ Charles E. Moran                                               |   |
|   |                                         | Charles E. Moran,                                                  |   |
|   |                                         | Chairman of the Board, President and Chief Executive Officer  |   |
|   |

----

EXHIBIT INDEX

| Exhibit No. |  Title                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1         | Agreement and Plan of Merger, dated as of June 10, 2002, by and among SmartForce Public Limited Company, SkillSoft Corporation and Slate Acquisition Corp. (Incorporated by reference to Exhibit 2.1 to SkillSoft PLC’s Current Report on Form 8-K dated June 14, 2002 (File No. 000-25674)).                                                                                                                                                                                                           |
| 2.2         | Stock and Asset Purchase Agreement among T.N.H. France SARL, T.N.H. Holdings GmbH, The Thomson Corporation (Australia) Pty Ltd, Thomson Information and Solutions Limited, Thomson Global Resources, Thomson Learning Inc., SkillSoft Public Limited Company and SkillSoft Corporation, dated October 25, 2006 (Incorporated by reference to Exhibit 2.1 to SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on October 26, 2006 (File No. 000-25674)).  |
| 2.3         | Side Letter to Purchase Agreement, dated as of May 14, 2007, by and among SkillSoft Public Limited Company, SkillSoft Corporation, Thompson Learning Inc., Thomson Global Resources, T.N.H. France SARL, T.N.H. Holdings GmbH, The Thomson Corporation (Australia) Pty Ltd., and Thomson Information & Solutions Limited (Incorporated by reference to Exhibit 2.2 of SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on May 14, 2007 (File No. 000-25674)).                 |
| 3.1         | Memorandum of Association of SkillSoft PLC as amended on March 24, 1992, March 31, 1995, April 28, 1998, January 26, 2000, July 10, 2001, September 6, 2002 and November 19, 2002 (Incorporated by reference to Exhibit 3.1 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2002 as filed with the Securities and Exchange Commission on January 21, 2003 (File No. 000-25674)).                                           |
| 3.2         | Articles of Association of SkillSoft PLC as amended on July 6, 1995, April 28, 1998, January 26, 2000, July 10, 2001, September 6, 2002, November 19, 2002 and May 3, 2010 (Incorporated by reference to Exhibit 3.2 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on May 26, 2010 (File No. 000-25674)).                                                                                                                     |
| 4.1         | Specimen certificate representing the ordinary shares of SkillSoft PLC (Incorporated by reference to Exhibit 4.1 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2003 as filed with the Securities and Exchange Commission on April 29, 2003 (File No. 000-25674)).                                                                                                                                                                                                 |
| 4.2         | Amended and Restated Deposit Agreement (including the form of American Depositary Receipt), dated as of April 13, 1995 as amended and restated as of September 4, 2002, among SkillSoft PLC, The Bank of New York, as Depositary, and each Owner and Beneficial Owner from time to time of American Depositary Receipts issued thereunder (Incorporated by reference to Exhibit 4.1 to SkillSoft PLC’s Current Report on Form 8-K dated November 14, 2002 (File No. 000-256740)).                       |
| 4.3         | Amended and Restated Restricted Deposit Agreement (including the form of American Depositary Receipt), dated as of November 30, 1995 and amended and restated as of September 4, 2002, among SkillSoft PLC, The Bank of New York, as Depositary, and each Owner and Beneficial Owner from time to time of American Depositary Receipts issued thereunder (Incorporated by reference to Exhibit 4.2 to SkillSoft PLC’s Current Report on Form 8-K dated November 14, 2002 (File No. 000-25674)).         |
| 4.4         | Restricted Deposit Agreement (B) dated as of June 8, 1998 and amended and restated as of September 4, 2002 among SkillSoft PLC, The Bank of New York, and the owners and beneficial owners of Restricted American Depositary Receipts (Incorporated by reference to Exhibit 4.3 to SkillSoft PLC’s Current Report on Form 8-K dated November 14, 2002 (File No. 000-25674)).                                                                                                                       |
| 10.1**      | Form of Indemnification Agreement between CBT Systems USA, Ltd. (formerly, Thornton Holdings, Ltd.) and its directors and officers dated as of April 1995 (Incorporated by reference to Exhibit 10.5 to SkillSoft PLC’s Registration Statement on Form F-1 declared effective with the Securities and Exchange Commission on April 13, 1995 (File No. 333-89904)).                                                                                                                                           |
| 10.2**      | Form if Indemnification Agreement between SmartForce (USA) and its directors and officers dated as of September 6, 2002 (Incorporated by reference to Exhibit 10.5 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2003 as filed with the Securities and Exchange Commission on April 29, 2003 (File No. 000 25674)).                                                                                                                                                                   |
|        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

----

| Exhibit No.  |  Title                                                                                                                                                                                                                                                                                                                                                                          |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.3**  | Book24x7.com, Inc. 1994 Stock Option Plan (Incorporated by reference to Exhibit 10.1 to SkillSoft PLC's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2002 as filed with the Securities and Exchange Commission on January 21, 2003 (File No. 000-25674)).                                                                                        |
| 10.4**  | 1994 Share Option Plan (Incorporated be reference to Exhibit 10.2 to SkillSoft PLC’s Registration Statement on Form F-1 declared effective with the Securities and Exchange Commission on April 13, 1995 (File No. 333-89904)).                                                                                                             |
|  10.5** | 1996 Supplemental Stock Plan (Incorporated by reference to Exhibit 10.3 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2006 as filed with the Securities and Exchange Commission on December 8, 2006 (File No. 000-25674)).                                                                           |
| 10.6**       | 1998 Stock Incentive Plan (Incorporated by reference to Exhibit 10.2 to SkillSoft PLC's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2002 as filed with the Securities and Exchange Commission on January 21, 2003 (File No. 000-25674)).                                                                                                        |
| 10.7**       |  2001 Stock Incentive Plan (Incorporated by reference to Exhibit 10.4 to SkillSoft PLC's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2002 as filed with the Securities and Exchange Commission on January 21, 2003 (File No. 000-25674)).                                                                                                       |
| 10.8**       |  2001 Outside Director Option Plan, as amended (Incorporated by reference to Exhibit 10.2 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2009 as filed with the Securities and Exchange Commission on September 9, 2009 (File No. 000-25674)).                                                           |
| 10.9**       | 2002 Share Option Plan, as amended (Incorporated by reference to Exhibit 10.2 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2006 as filed with the Securities and Exchange Commission on December 8, 2006 (File No. 000-25674)).                                                                |
| 10.10**      | 2004 Employee Share Purchase Plan, as amended (Incorporated by reference to Appendix C to SkillSoft PLC's Definitive Proxy Statement on Schedule 14A as filed with the Securities and Exchange Commission on July 28, 2004 (File No. 000-25674)).                                                                                                                          |
| 10.11**      | Employment Agreement dated June 10, 2002 between SkillSoft PLC and Charles E. Moran, as amended December 23, 2008 (Incorporated by reference to Exhibit 10.11 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).                 |
| 10.12**      | Employment Agreement dated as of June 10, 2002 between SkillSoft PLC and Jerald A. Nine, Jr., as amended December 23, 2008. (Incorporated by reference to Exhibit 10.12 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).  |
| 10.13        | Registration Rights Agreement dated as of June 10, 2002 between SkillSoft PLC and Warburg Pincus Ventures, L.P. (Incorporated by reference to Exhibit 10.27 to SkillSoft PLC’s Amendment No. 1 to Registration Statement on Form S-4 as filed with the Securities and Exchange Commission on July 30, 2002 (File No. 333-90872)).           |
| 10.14**      | Employment Agreement dated January 12, 1998 between SkillSoft Corporation and Mark A. Townsend, as amended December 29, 2008. (Incorporated by reference to Exhibit 10.14 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).     |
| 10.15**      | Employment Agreement dated January 12, 1998 between SkillSoft Corporation and Thomas J. McDonald, as amended December 23, 2008. (Incorporated by reference to Exhibit 10.15 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).   |
| 10.16**      | Employment Agreement dated effective September 6, 2002 between SkillSoft PLC and Colm Darcy, as amended December 23, 2008. (Incorporated by reference to Exhibit 10.16 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).        |
|         |                                                                                                                                                                                                                                                                                                                                                                                 |
|         |                                                                                                                                                                                                                                                                                                                                                                                 |

----

|        |                                                                                                                                                                                                                                                                                                                                                                                                                   |
|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit No. | Title                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 10.17       | Lease dated May 25, 2001, as amended between 1987 Tamposi Limited Partnership and SkillSoft Corporation (Incorporated by reference to Exhibit 10.15 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2006 as filed with the Securities and Exchange Commission on April 13, 2006 (File No. 000-25674)).                                    |
| 10.18**     | Form of Indemnification Agreement by and between SkillSoft Corporation and its directors and officers dated as of March 2009. (Incorporated by reference to Exhibit 10.18 to SkillSoft PLC’s Annual Report on Form 10-K for the fiscal year ended January 31, 2009, as filed with the Securities and Exchange Commission on April 1, 2009 (File No. 000-25674)).                                            |
| 10.19       | Lease agreement, dated June 9, 2004, as amended, by and between Hewlett-Packard Company and SkillSoft Corporation (Incorporated by reference to Exhibit 10.11 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2009 as filed with the Securities and Exchange Commission on June 9, 2009 (File No. 000-25674)).                             |
| 10.20**     | Form of Director Option Agreement for initial grants under the 2001 Director Option Plan (Incorporated by reference to Exhibit 99.2 to SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on January 4, 2006 (File No. 000-25674)).                                                                                                   |
| 10.21**     | Form of Director Option Agreement for subsequent grants under the 2001 Director Option Plan (Incorporated by reference to Exhibit 99.3 to SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on January 4, 2006 (File No. 000-25674)).                                                                                                |
| 10.22**     | Form of Option Agreement under 2002 Share Option Plan (Incorporated by reference to Exhibit 10.5 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2004 as filed with the Securities and Exchange Commission on September 9, 2004 (File No. 000-25674)).                                                                                        |
| 10.23       | Release and Settlement Agreement (Incorporated by reference to Exhibit 10.1 to SkillSoft PLC’s Quarterly Report on Form 10-Q for the quarter ended July 31, 2005 as filed with the Securities and Exchange Commission on September 9, 2005 (File No. 000-25674)).                                                                                                                  |
| 10.24       | Credit Agreement, dated May 14, 2007, among SkillSoft PLC, SkillSoft Corporation, Credit Suisse, Credit Suisse Securities (USA) LLC, Keybank National Association, Silicon Valley Bank, and the lenders party thereto (Incorporated by reference to Exhibit 10.1 of SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on May 14, 2007 (File No. 000-25674)).  |
| 10.25       | Guarantee and Collateral Agreement, dated May 14, 2007, among SkillSoft PLC, SkillSoft Corporation and the subsidiary guarantors party thereto (Incorporated by reference to Exhibit 10.2 of SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on May 14, 2007 (File No. 000-25674)).                                                                    |
| 10.26       | Amendment No.1, dated July 7, 2008, to Credit Agreement and to Guarantee and Collateral Agreement, each dated May 14, 2007 (Incorporated by reference to Exhibit 10.1 of SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on July 11, 2008 (File No. 000-25674)).                                                                             |
| 10.27       | Summary of Fiscal 2009 Executive Cash Incentive Compensation Program (Incorporated by reference to Exhibit 99.1 to SkillSoft PLC’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on April 17, 2008 (File No. 000-25674)).                                                                                                                                                 |
| 10.28       | Summary of Fiscal 2010 Executive Cash Incentive Compensation Program (Incorporated by reference to Exhibit 99.1 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on June 4, 2009 (File No. 000-25674)).                                                                                                                                                  |
| 10.29       | Transaction Agreement, dated February 12, 2010, between SkillSoft PLC and SSI Investments III Limited (Incorporated by reference to Exhibit 10.1 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 12, 2010 (File No. 000-25674)).                                                                                                            |
| 10.30       | Expenses Reimbursement Agreement, dated February 11, 2010, between SkillSoft PLC and SSI Investments III Limited (Incorporated by reference to Exhibit 10.2 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 12, 2010 (File No. 000-25674)).                                                                                                 |
| 10.31       | First Amending Agreement to the Transaction Agreement, dated as of March 31, 2010, between SkillSoft PLC and SSI Investments III Limited (Incorporated by reference to Exhibit 10.1 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on April 2, 2010 (File No. 000-25674)).                                                                             |

----

|   Exhibit No. |   Title                                                                                                                                                                                                                                                                                                                  |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.32              | Restated Expenses Reimbursement Agreement, dated as of March 31, 2010, between SkillSoft PLC and SSI Investments III Limited (Incorporated by reference to Exhibit 10.2 to SkillSoft PLC’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on April 2,2010 (File No. 000-25674)). |
| 21.1†        | List of Significant Subsidiaries.                                                                                                                                                                                                                                                                                        |
| 23.1†        | Consent of Ernst & Young LLP                                                                                                                                                                                                                                                                                    |
| 31.1†        | Certification of SkillSoft PLC’s Chief Executive Officer pursuant to Rule 13a- 14(a)/Rule 15d-14(a) under the Securities Exchange Act of 1934.                                                                                                                                                           |
| 31.2†        | Certification of SkillSoft PLC’s Chief Financial Officer pursuant to Rule 13a- 14(a)/Rule 15d-14(a) under the Securities Exchange Act of 1934.                                                                                                                                                           |
| 31.3*              | Certification of SkillSoft PLC’s Chief Executive Officer pursuant to Rule 13a- 14(a)/Rule 15d-14(a) under the Securities Exchange Act of 1934.                                                                                                                                                                |
| 31.4*              | Certification of SkillSoft PLC’s Chief Financial Officer pursuant to Rule 13a- 14(a)/Rule 15d-14(a) under the Securities Exchange Act of 1934.                                                                                                                                                                |
| 32.1†        | Certification of SkillSoft PLC’s Chief Executive Officer pursuant to Rule 13a- 14(b)/Rule 15d-14(b) under the Securities Exchange Act of 1934, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                                                                                |
| 32.2†        | Certification of SkillSoft PLC’s Chief Financial Officer pursuant to Rule 13a- 14(b)/Rule 15d-14(b) under the Securities Exchange Act of 1934, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                                                                                |

| † | Filed with our Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 1, 2009.                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------|
| *  | Filed herewith.                                                                                                                                    |
| **      | Denotes management or compensatory plan or arrangement required to be filed by registrant pursuant to Item 15(c) of this report on Form 10-K. |