Stmnt re Press Comment

Claims Direct PLC 23 July 2001 Claims Direct plc Statement re: press comment The directors of Claims Direct plc ('The Company') note the recent press speculation regarding alleged investigations by the Department of Trade and Industry and the Financial Services Authority. The directors of the Company confirm that the DTI visited the Company's premises in March 2001, and the Company has been co- operating fully by providing information requested. The directors are unaware of both the reasons for, and the exact nature of the investigation. Both at that time and again prior to the release of its annual report and accounts, the Company sought advice regarding the requirement to make a public statement about the investigation. The advice was that such a statement was unnecessary. Contrary to the press comment, the directors are unaware of any investigation into the Company by the Financial Services Authority. Press Enquiries Claims Direct plc Paul Doona +44 (0) 207 324 8888 Investec Henderson Crosthwaite (a division of Investec Bank (UK) Limited) Jagjit Mundi +44 (0) 207 597 5970 David Currie +44 (0) 207 597 5970 Golin/Harris Ludgate Reg Hoare +44 (0) 207 324 8888
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