RNS Number:7690I
Premier Direct Group PLC
11 September 2006


                            PREMIER DIRECT GROUP PLC

                      RESULT OF STOCK AND GOODWILL REVIEWS


Premier Direct Group Plc ("PDG") today makes the following statement in respect
of the year ending 31 July 2006.

Following the trading statement made on 31 July 2006, the Board has now
completed its reviews of the year end stock valuation and the carrying value of
goodwill. A provision of #1.5 million is being made in respect of stock and a
goodwill impairment charge of #1.25 million is to be made, both to be included
in the 2006 results.

The Board believes that the pre tax loss for the year ended 31 July 2006, after
charging all exceptional provisions, restructuring costs and amortisation, will
be around #3 million.

The announcement of audited results for the year ended 31 July 2006 is expected
to be made in the second half of November 2006.




Enquiries


Eric McClenaghan, PDG, CEO         0191 497 4100
Zoe Biddick, Biddicks              020 7448 1000


END




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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