Offer Update

Claims Direct PLC
9 August 2001



9 August 2001

Claims Direct plc



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA, THE REPUBLIC OF IRELAND OR JAPAN

Update on talks with a third party

On 6 August 2001, the Independent Directors announced that they were in
negotiations with Messrs Sullman and Poole and a third party in relation to a
proposal which would include the withdrawal of both Messrs Sullman and Poole
from any further involvement in the running of the Company and a reduction in
their shareholdings. The Independent Directors set a deadline of 8 August 2001
to reach agreement in principle so as to allow them sufficient time to advise
Shareholders of their view prior to the next closing date, being 13 August
2001.

These discussions with a third party are continuing and the Independent
Directors believe that it is in the best interests of Shareholders for them to
be progressed. Accordingly, the Independent Directors have asked Messrs
Sullman and Poole to extend the closing date of their offer in order that
Shareholders can make an informed decision on the offer from Barker
Securities.

The Independent Directors are awaiting a response to the request for an
extension and will make a further announcement. Shareholders are again advised
to take no action at this stage.

Enquiries
Claims Direct plc                                     [phone]
Paul Doona, Managing Director

Investec Henderson Crosthwaite
(a division of Investec Bank (UK) Limited)
Jagjit Mundi                                          [phone]
David Currie                                          [phone]

Golin/Harris Ludgate
Robin Hepburn                                         [phone]
Reg Hoare                                             [phone]