Disposal

Claims Direct PLC 1 July 2002 Claims Direct plc ('Claims Direct') Disposal of Rosie One Limited, Towerfocus Limited and Ropespring Limited ('the Companies') Claims Direct is pleased to announce the disposal of Rosie One Limited, Towerfocus Limited and Ropespring Limited. The Companies are non trading subsidiaries of Claims Direct, and have been sold for the consideration of £2.9 million after costs. Payment will be made in agreed instalments during the course of the next 30 days. The net asset value of the Companies at the date of sale was zero. Claims Direct will use the proceeds from the sale for working capital. Ronnie Henderson, Chief Executive of Claims Direct, commented: 'Although we are delighted to complete the sale of the Companies, Claims Direct still requires further funds to secure the future of the business'. For further information please contact: Claims Direct plc 01952 284800 Ronnie Henderson, CEO www.claimsdirect.com Weber Shandwick Square Mile 0207 950 2800 Reg Hoare/Christian Taylor-Wilkinson/Claudine Cartwright This information is provided by RNS The company news service from the London Stock Exchange DISKFLBBLDBEBBD
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