Placing & Board Appointments

RNS Number:1275S
Claims People Group PLC
01 March 2007



                          The Claims People Group plc
                        ("Claims People" or "the Group")

                               BOARD APPOINTMENTS
                                    PLACING
                             LAUNCH OF NEW SERVICE



The Board of Claims People, the AIM listed insurance claims facility provider,
today announces the completion of a placing of new ordinary shares, news
relating to the expansion of its Board and a new service focused specifically on
the investigation of accidents involving fatalities and serious injury.

APPOINTMENTS
As part of the Board's plan for the ongoing development of the current Claims
People business, through the introduction of additional services and by seeking
to broaden its product offer into complementary aspects of the insurance claims
management and services sector, the Group has appointed to the Board Geoff
Somervail as Chief Executive, with Barry Whyte moving to the position of Group
Managing Director. Robert Mitchell of Bluehone Investments has been appointed as
a Non-Executive Director, effective immediately. Dominic Boyce, the Group
Financial Director, is to assume the added responsibility of Company Secretary
from Peter Morgan who is giving up the role due to commitments outside the
Group.

PLACING
New and existing Directors have subscribed for new shares in the Company as part
of the placing at 1.5p raising a total of #500,000.00. Geoff Somervail has
subscribed for 11,121,667 shares, representing 8.16 per cent. of the issued
share capital of the Company. Bluehone Investments have subscribed for 4,423,333
new ordinary shares, which increases their holding to 18,089,330 new ordinary
shares, representing 13.27% of the issued share capital of the Company. Cornhill
Shareholders Limited have subscribed for 11,121,667 new ordinary shares,
representing 8.16 per cent. of the issued share capital of the Company.

Founding Directors Barry Whyte and David Croston have each subscribed for
3,333,333 new ordinary shares taking their holdings to 8,850,014 shares (6.49
per cent.) and 6,835,014 shares (5.02 per cent.) respectively.

Geoff Somervail has worked in the insurance sector for a considerable time and
more recently sold his interest in a company in which he was joint founder whose
core business was outsourcing insurance claims for IT equipment dealing with the
major insurance companies. The turnover of the company reached #20m with profits
in excess of #1m prior to Mr Somervail disposing of his interest. Barry Whyte
and David Croston were founders of The Claims People and have been responsible
for its development both in the traditional insurance claims sector, and more
recently the introduction and expansion of its i-Team operation which provides
support services for major insurance companies and has had a positive impact on
recent trading for the Group with strong indications of further growth.

The new funds are to be used to expand the working capital in line with the
Group's intention to broaden its operating base. Geoff Somervail and the Group's
Managing Director, Barry Whyte, will be working closely to develop the existing
product offering of the Group - targeting complementary areas of activity to
enhance the total operation.

Admission of the new Ordinary Shares is expected to take place on 2 March 2007.

NEW SERVICE
The Board of Claims People has recently introduced a new Motor Forensic
Investigation Service to assist insurers, solicitors and self insured corporate
fleet operators in the UK. The market for serious and fatal motor investigations
is significant. The new service focuses specifically on the investigation of
accidents involving fatalities and serious injury.

Commenting on the developments, John French, Chairman of Claims People
commented: "The Board has clearly identified a number of interesting target
markets to accelerate the growth of the Group. I believe the changes, as
outlined, will provide the resources in terms of management skills and other
related resources to enable the Group to capitalise on such opportunities, a
number of which have been identified for exploration."



Further details are as follows:

Michael Alistair Geoffrey ("Geoff") Sommervail, aged 46, holds or has held over
the previous five years the following directorships and partnerships;

Present                                                       Past

Incident Manager Ltd                               Claim Control Consultants Ltd

Robert James Grenville Mitchell, aged 41, holds or has held over the previous
five years the following directorships and partnerships;


Present                                                       Past

Bluehone Ventures Ltd                            Ivory and Sime UK Discovery Ltd
Bluehone Ventures Nominees Ltd                  The Columbus Dealing Company Ltd
Bluehone General Partner (DCP) Ltd
Bluehone Partner Ltd
Target Dealing Company Ltd


There are no other disclosures required to be made in accordance AIM Rule 17
with reference to Schedule Two paragraph (g) of the AIM Rules.


                                 --ENDS--

Enquiries:

The Claims People Group plc
John French, Chairman                                Mobile: 07836 722 482

Bishopsgate Communications Ltd.                      Tel: 020 7562 3350
Dominic Barretto
Jenni Herbert

Seymour Pierce Ltd                                   Tel: 020 7107 8000
Mark Percy
Liam O' Donoghue



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

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