Trading Statement

Ideal Shopping Direct PLC 19 April 2001 Ideal Shopping Direct Plc FOR IMMEDIATE RELEASE Ideal Shopping Direct Plc (the 'Company' or 'Ideal Shopping Direct') Further to announcements made on 7 March and 16 March 2001 which stated that a fire had destroyed the Company's TV studio, offices and warehouse, the directors are pleased to report that the Company's insurers have accepted full liability. A first interim payment of £5 million has been received and discussions with the insurers are continuing in respect of further interim payments. A limited service in respect of the Ideal World home shopping channel and the catalogue business has been resumed. Additional announcements will be made as soon as practicable. Contact: Gerald Beaney, Grant Thornton, 020 7383 5100 Dated 19 April 2001
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