Disposal

Claims Direct PLC 22 May 2002 For immediate release 22 May 2002 Claims Direct plc ('Claims Direct' or 'the Company') Disposal of Sailpool Ltd Claims Direct is pleased to announce the disposal of Sailpool Ltd. Sailpool, a non-trading subsidiary of Claims Direct, will be sold for the consideration of £1.65 million cash after costs. The net asset value of Sailpool at the date of sale was zero. Claims Direct will use the proceeds from the sale for working capital purposes. Ronnie Henderson, Chief Executive of Claims Direct commented: 'We are delighted to complete the sale of Sailpool and the injection of cash will be used as working capital for a number of ongoing projects.' - Ends - For further information please contact: Claims Direct plc 01952 284800 Ronnie Henderson, Chief Executive www.claimsdirect.com Weber Shandwick Square Mile 0207 950 2800 Reg Hoare/Christian Taylor-Wilkinson This information is provided by RNS The company news service from the London Stock Exchange
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