Re Offer Closing Date

Claims Direct PLC
31 July 2001

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, REPUBLIC OF IRELAND
                        OR JAPAN
                            
    First Closing Date Of Offer for Claims Direct plc
                            
David  Hankinson,  David Hickey,  Paul  Doona  and  David
Gravell, the Independent Directors of Claims Direct  plc,
note  this  morning's announcement by  Barker  Securities
Limited that, as at 3.00 p.m. on Monday 30 July 2001, the
first closing date of its offer for Claims Direct, it had
received valid acceptances in respect of 270,703  shares,
representing  approximately 0.1 per cent. of  the  issued
share capital of Claims Direct.

The  Court of Appeal is today expected to hand  down  its
judgment in the case of Callery v. Gray.  The judgment is
expected  to  be  lengthy and complex.   The  Independent
Directors  intend  to  make  a  further  announcement  in
response  to  today's announcement by  Barker  Securities
Limited  and the implications of the judgment in  Callery
v.  Gray in due course. The Independent Directors  advise
shareholders to take no action for the time being.


Press Enquiries

Claims Direct plc
David Hankinson                      [phone]
David Hickey                         [phone]
Paul Doona                           [phone]

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

Golin/Harris Ludgate
Robin Hepburn                        [phone]
Reg Hoare


Investec  Henderson Crosthwaite, a division  of  Investec
Bank  (UK)  Limited,  which is regulated  in  the  United
Kingdom  by The Securities and Futures Authority Limited,
is  acting  for  Claims Direct plc  and  no-one  else  in
connection with the Offer and will not be responsible  to
anyone  other  than Claims Direct plc for  providing  the
protections  afforded to customers of Investec  Henderson
Crosthwaite, or for providing advice to any other  person
in relation to the Offer.