DFD Debt Free Dir.

RNS Number:0273D
Debt Free Direct Group PLC
30 August 2007

30 August 2007

Debt Free Direct Group plc (the "Company")


Further to its announcement of 24 August 2007 regarding the passing of the
resolutions proposed at the Company's extraordinary general meeting, the Company
is pleased to announce that the hearing of the Company's petition for the
cancellation of its share premium account is scheduled to be heard by the Court
on 10 October 2007. It is anticipated that the capital reduction will become
effective on 12 October 2007.


Should there be any change to this anticipated timetable the Company will make a
further announcement.



Enquiries:

Debt Free Direct Group plc
Andrew Redmond, Chief Executive Officer     0845 296 0100
Paul Latham, Finance Director               0845 296 0200

Numis Securities                            020 7260 1000
Lee Aston, Corporate Finance
Christopher Wilkinson, Corporate Broking

Financial Dynamics
Ed Gascoigne-Pees                           020 7269 7132
Nick Henderson                              020 7269 7114





                      This information is provided by RNS
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