Stmnt re Proposed Transaction

13 Jul 2006 09:30

Readybuy PLC13 July 2006 Readybuy plc (the "Company") In response to press speculation, the Company announces that it is in the finalstages of the completion of a transaction which would constitute a reversalunder the AIM Rules and, as a consequence, it is anticipated that a documentwill be posted to shareholders in the near future together with an announcementgiving full details of the proposed transaction. For further information, please contact:- Daron Lee Readybuy plc 07802 888911David Youngman WH Ireland Limited 0161 832 2174 This information is provided by RNS The company news service from the London Stock Exchange