Stmnt re Proposed Transaction

Readybuy PLC
13 July 2006

                          Readybuy plc (the 'Company')

In response to press speculation, the Company announces that it is in the final
stages of the completion of a transaction which would constitute a reversal
under the AIM Rules and, as a consequence, it is anticipated that a document
will be posted to shareholders in the near future together with an announcement
giving full details of the proposed transaction.


For further information, please contact:-

Daron Lee                    Readybuy plc                        07802 888911
David Youngman               WH Ireland Limited                  0161 832 2174




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