An information display system includes a position indicating apparatus that indicates a position and an information display apparatus that displays information and is connected to the position indicating apparatus so as to communicate with the position indicating apparatus. The position indicating apparatus includes: a detecting unit that detects an indicated position; a first storage unit that stores the detected position; and a transmitting unit that transmits positional information indicating the stored position. The information display apparatus includes: a display unit that displays content; a receiving unit that receives the transmitted positional information; an associating unit that associates the positional information with the content; and a second storage unit that stores the positional information and the content associated with each other.