RNS Number:9472O
Claims People Group PLC
22 August 2003


               The Claims People Group plc (the "Company")

                              Placing


The Company is pleased to announce that it has raised #376,220 before expenses
by way of a placing, through the Company's broker, Durlacher Limited, of
25,081,333 new ordinary shares of 1.5p each at 1.5p per share with institutional
investors.  The proceeds of the placing will be used to pursue the Company's
strategy to expand via acquisition and to provide additional working capital for
the Company.

Application has been made for the new ordinary shares, which will rank pari
passu with existing ordinary shares, to be admitted to trading on the AIM Market
of the London Stock Exchange. Admission will become effective and dealings are
expected to commence at 8.00am on Wednesday 27 August 2003.

Following the issue of shares and as required by rule 15 of the AIM Rules the
following information falls to be disclosed.

ISIS Equity Partners plc hold 16,666,000 ordinary shares representing 16.67 per
cent. of the Company's issued share capital

City Equities Limited hold 5,000,000 ordinary shares representing 5.00 per cent.
of the Company's issued share capital

Hargreaves Hale Limited hold 3,333,000 ordinary shares representing 3.33 per
cent. of the Company's issued share capital


For further information please contact:

John French
The Claims People Group                               020 7357 6636

David Rae
Durlacher Limited                                     020 7459 3600

Graeme Thom
Grant Thornton                                        0870 881 2790



Editor notes:

The Claims People Group plc provides claims handling, consultancy and website
facilities to the insurance industry. The Group employs leading edge technology
with a unique web-based claims notification and monitoring system and utilises a
low cost centralised operating model.

The Group listed on AIM in October 2000.



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