Acquisition completion

RNS Number:9056X
Debts.co.uk PLC
06 June 2007





                                Debts.co.uk plc

                        ("Debts.co.uk" or "the Company")



                               Acquisition update




Further to the announcement of the conditional agreement for the acquisition of
Adie Financial Solutions Limited ("AFSL" or "Adie Financial Solutions"), a
Scottish debt solution company, announced on 25 May 2007 ("Acquisition"), the
Board of Debts.co.uk, (DETS.L), the specialist advisors for personal debt
solution management, are pleased to announce that all of the Acquisition
conditions have now been satisfied and the Acquisition has now been completed.



The cash consideration of #400,000 was paid on completion and the Company has
issued to the AFSL vendors, in aggregate, 95,238 new ordinary shares (the "
Consideration Shares"), credited as fully paid, in the capital of Debts.co.uk.



Application has been made for admission of the 95,238 Consideration Shares to
trading on the AIM market of the London Stock Exchange ("Admission").  Admission
is expected to occur on Thursday 7 June 2007.  Upon admission of the
Consideration Shares to AIM the Company will have 21,093,253 ordinary shares in
issue.





Enquiries:

Paul Carter, Chief Executive Officer                    0870 990 9714
Debts.co.uk plc

Chris Steele                                            0207 034 4759
Adventis Financial PR                                   07979 604 687

Mark Percy / Parimal Kumar                              0207 107 8000
Seymour Pierce Limited




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