Trading Statement

Debt Free Direct Group PLC
02 November 2006


2 November 2006

                           DEBT FREE DIRECT GROUP PLC

                                 TRADING UPDATE


Debt Free Direct Group (DFD), the leading debt advice and solutions company,
today releases a trading update ahead of its interim results announcement, which
will be made on 20 November 2006.

Highlights


   • DFD has experienced a very strong trading performance in the 6 months
     ended 31 October 2006.


   • Average monthly new IVA case run-rate for the period was 536 cases per
     month (or 746 counting joint cases as 2). This represents an increase of
     101% compared to the same period last year.


   • Turnover has increased by 91% to £12.2m for the six months ended 31
     October 2006, compared to £6.4m for the same period last year.


   • Turnover includes commissions from re-mortgage leads, which generated
     income and profits of almost £700K in the period. We would expect this
     income stream to continue to grow in the rest of the financial year.


   • In October 2006 the relocation to our new 40,000 sq. ft operating
     facilities in Chorley was completed successfully. These now provide
     considerable space for continued growth of the business in the months ahead.


   • Profits for the six months ended 31 October 2006 will be significantly
     more than double the profits achieved in the same period last year.


   • Anticipated profits for the financial year ended 30 April 2007 will
     comfortably meet market expectations.


Andrew Redmond, CEO, commented:

'We are very happy to announce that on all fronts trading performance has
improved significantly compared to the same period last year and in particular,
we are delighted with our increased profitability.

Debt Free Direct has, from its inception, built its business model to be
'Regulation Ready'. We are delighted that our proposals for 'audit and
accreditation' of debt advice companies continue to be very well received by
lenders and industry commentators. We anticipate that our forthcoming debt
conference on 9 November will provide another important step in the education
process.

'Audit and accreditation' would be very good news for the debt solution industry
and high quality solution providers. We will continue our long term strategy of
providing both the debtor and their lenders with 'appropriate advice'.

Ultimately, the anticipated industry shift towards 'accredited advisors',
combined with the growth potential that our relocation brings, means that we
view the next stage of our development with both confidence and excitement.'

There will be an analyst presentation to discuss the interim results at 9.30am
on 20 November 2006 at Financial Dynamics, Holborn Gate, 26 Southampton
Buildings, London WC2A 1PB.


Enquiries:


Debt Free Direct Group plc

Andrew Redmond, Chief Executive Officer 0845 296 0100
Paul Latham, Finance Director 0845 296 0200


Numis Securities
Iain McDonald        020 7776 1500
Lee Aston


Financial Dynamics
Ed Gascoigne-Pees    020 7269 7132
Nick Henderson       020 7269 7114



Notes

Debt Free Direct helps individuals find the best solution to their debt
problems, based upon an analysis of their particular financial circumstances.
Financial information on an individual is processed through a computer model
(the Best Advice Model) developed by Debt Free Direct in order to recommend a
solution suitable for that individual's particular financial circumstances. The
solutions offered range from basic advice, such as simply destroying credit
cards and curbing unnecessary expenditure, to the following solutions:


   • consolidation loan
   • re-mortgage
   • informal arrangement
   • individual voluntary arrangement (IVA)
   • bankruptcy


Debt Free Direct is unique in the marketplace in that, unlike most of its
competitors who sell specific products, Debt Free Direct looks to provide the
best advice to the consumer and recommends them the most appropriate service.


Debt Free Direct is based in Chorley, Lancashire, and was admitted to AIM in
December 2002.




                      This information is provided by RNS
            The company news service from the London Stock Exchange