Trading Statement

Highlights · Quarter on quarter growth of 86% · As at 30th June 2006, ClearDebt had successfully arranged a total of 188 creditor agreed IVA’s since commencement of trading · 82 have been arranged and agreed for the quarter ended 30 June 2006.

Highlights · Quarter on quarter growth of 86% · As at 30th June 2006, ClearDebt had successfully arranged a total of 188 creditor agreed IVA’s since commencement of trading · 82 have been arranged and agreed for the quarter ended 30 June 2006
Operational success has been enhanced by corporate development. The agreement with John Charcol has strengthened the Group’s offering to its customers, and its position with corporate creditors. ClearDebt is also in the process of evaluating a number of separate corporate ventures which would significantly enhance its position within the market. To cope with the increasing volume of potential customers, ClearDebt has recruited 3 new staff, who the Group believes will significantly add to ClearDebt’s current and potential processing capabilities.

ClearDebt will announce its preliminary results for the year ended 30 June 2006 during early September.

Full text of the RNS release can be downloaded (in pdf format) from this page.

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