Result of EGM

Readybuy PLC
07 August 2006

                                  Readybuy plc

                         ('Readybuy' or the 'Company')



                                 RESULT OF EGM



On 14 July 2006, Readybuy plc announced that it had conditionally agreed to
acquire the entire issued share capital of Avacta Limited, a biophysics company
which is developing proprietary technologies for the rapid detection and
identification of biological and chemical hazards aimed at customers in homeland
security and defence.



At the Extraordinary General Meeting of Readybuy, which took place earlier
today, all resolutions put to shareholders to effect the Acquisition and the
Placing were duly passed.



As a result of the passing of the resolutions, the holders of Avacta Issued
Shares have become entitled to 475,530,102 new Ordinary Shares, representing
71.05 per cent. of the Enlarged Share Capital.



It is expected that Admission of the First Admission Shares will become
effective and that dealings in the First Admission Shares will commence on AIM
on 8 August 2006.



All terms used in this announcement are defined as set out in the admission
document dated 13 July 2006.



For further information:


Readybuy                                                         0870 835 4367
Professor Alastair Smith (Non-executive director)


WH Ireland                                                       0161 832 6644
David Youngman




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