FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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 *   Favorita Holding LTD 2. Date of Event Requiring Statement (Month/Day/Year) 05/14/2007 3. Issuer Name and Ticker or Trading Symbol IHS Inc. [IHS] (Last) (First) (Middle) RICHMOND HOUSE 12 PAR LA VILLE ROAD 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) HAMILTON, D0 HM 08 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 Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Class A common stock 958,859 (1) I (1) By Urvanos Investments Limited (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B common stock	  (2)(3)	  (2)(3)	Class A common stock	13,750,000 (1)	$ (2) (3)	I (1)	By Urvanos Investments Limited

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Favorita Holding LTD RICHMOND HOUSE 12 PAR LA VILLE ROAD HAMILTON, D0 HM 08	Â	  X	Â	Â

Signatures

/s/Randy Jenkins, Secretary		05/18/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Favorita's wholly-owned subsidiary, TBG Holdings NV ("TBG"), owns 100% of Urvanos Investments Limited ("Urvanos"). Urvanos is the holder of 958,859 shares of HIS Inc.'s Class A common stock as well as 13,750,000 shars of HIS Inc.'s Class B common stock.
(2)	Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock converts automatically, without any action by the holder, into one share of Class A common stock upon the earlier of: (1) any transfer, whether or not for value, except for (a) transfers to any trust, so long as such trust is the sole owner, directly or indirectly, of TBG and the principal beneficiary of such trust is Georg Heinrich Thyssen-Bornemisza; and
(3)	(b) transfers to any corporate entities, partnerships or other similar entities, so long as the Thyssen-Bornemisza Continuity Trust or any trust described in (a) above directly or indirectly wholly-owns such entities; (2) the death of Georg Heinrich Thyssen-Bornemisza; (3) November 16, 2009; and (4) the date on which holders of Class B common stock do not own at least 22% of the aggregate number of shares of Class A common stock and Class B common stock then outstanding, as determined by the Board of Directors of IHS Inc.

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