Response to Offer by Barker

Claims Direct PLC 27 June 2001 PRESS RELEASE Claims Direct plc 27 June 2001 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN Response to the announcement of an offer David Hickey and David Hankinson the independent directors of Claims Direct plc (the 'Company') note the announcement today of a cash offer to be made by KPMG Corporate Finance on behalf of Barker Securities plc ('Barker Securities') to acquire all of the issued and to be issued share capital of the Company other than the shares already owned by the directors of Barker Securities (' the Offer'). The Offer will be 10 pence in cash for each ordinary share of the Company and values the Company's shares subject to the Offer at approximately £11.1 million. Barker Securities is a company formed by Tony Sullman and Colin Poole, the non-executive Chairman and deputy Chairman of the Company for the purpose of making the Offer. The independent directors are awaiting the offer document and strongly urge shareholders to take no action at this stage. A further announcement will be made in due course. Press Enquiries Claims Direct plc David Hankinson +44 (0) 207 324 8888 David Hickey +44 (0) 7712 880 902 Investec Henderson Crosthwaite (a division of Investec Bank (UK) Limited) Jagit Mundi +44 (0) 207 597 5970 David Currie +44 (0) 207 597 5970 Golin/Harris Ludgate Robin Hepburn +44 (0) 207 324 8888 Reg Hoare +44 (0) 207 324 8888 Investec Henderson Crosthwaite is a division of Investec Bank (UK) Limited, which is regulated in the United Kingdom by The Securities and Futures Authority, is acting for Claims Direct plc and no-one else in connection with the Offer and will not be responsible to anyone other than Claims Direct plc for providing the protections afforded to customers of Investec Henderson Crosthwaite, nor for providing advice to any other person in relation to the Offer.
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