Trading Update

Debt Free Direct Group PLC
03 February 2005


3 February 2005


                           Debt Free Direct Group Plc
                                Trading Update


Debt Free Direct Group Plc ('Debt Free' or the 'Company'), the consumer debt
advice and solutions company, today releases a trading update following its
interim results announcement of 11 January 2005.

New IVA case run rate

Further to the interim announcement made on 11 January 2005, Debt Free is
pleased to announce that in January we issued 231 new IVA proposals.  Based on
historic experience and case data, the Company anticipates that this will result
in approximately 200 completed IVA cases.

Accordingly, the annualised IVA case run-rate has increased to approximately
2,400 from 1,764 in December and 1,320 in the 6 month period to 31 October 2004.
This significant increase reflects the growth in trained call handling and IVA
processing staff. As stated in the interims, we remain confident that the
monthly case run-rate will continue to increase.

The turnover for January was approximately £800,000 compared to £641,000 in
December and a monthly average of £515,000 in the 6 months period to 31 October
2004.



Enquiries:

Debt Free Direct
Andrew Redmond (CEO)                               01257 240599
Paul Latham (FD)                                   01257 240529

Teather & Greenwood
Mark Dickenson                                     0207 426 9000
Jon Drage

Citigate Dewe Rogerson                             0207 638 9571
Michael Berkeley
Sarah Gestetner
Fiona Mulcahy



Note to Editors

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 process 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 basis 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