Appointment of Receiver

Claims Direct PLC
12 July 2002


                              Claims Direct plc

                  Appointment of Administrative Receiver

As stated in the announcement made on 10 July 2002, Claims Direct submitted a
petition to the High Court to grant an Administration Order, in order to
continue trading while an Administrator assessed the Company's financial
position.

However, this petition was opposed by First National Bank, one of the Company's
creditors, who subsequently appointed their own Administrative Receiver.

Having taken legal advice, the Board of Claims Direct has decided to withdraw
its petition for the Administration Order and relinquish control of the Company
to the Administrative Receiver.

Ronnie Henderson, Chief Executive of Claims Direct said:

'It became clear that the continuance of the petition for an Administration
Order would lead to a prolonged legal wrangle, which I believe would be damaging
to all concerned.

'I am of course extremely disappointed that we have been placed in this position
but I have been assured that the Administrative Receiver will work closely with
management to ensure the most satisfactory outcome for all concerned.'

For further information, please contact:

Claims Direct plc                            01952 284 800
Ronnie Henderson, Chief Executive     www.claimsdirect.com

Weber Shandwick Square Mile                  0207 950 2800
Reg Hoare/Claudine Cartwright


                      This information is provided by RNS
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