Issue of Equity

Cleardebt Group PLC
21 December 2006

                              ClearDebt Group plc



                                Issue of Equity





ClearDebt Group plc ('the Company' or 'ClearDebt') announces that it has raised
£1,000,000 (before expenses) by way of the issue of new ordinary shares of 2p
each ('Ordinary Shares') to Sound Financial plc ('the Subscription').  The new
Ordinary Shares will be issued at a price per share representing the average
mid-market price of the Company's shares for the five business days immediately
preceding completion of the Subscription, less 1/8th of 1p.  The Subscription is
expected to be completed on 22 December 2006.  The proceeds of the Subscription
will be used by the Company to invest in the development of commercial
partnerships and to provide additional working capital.



Application will be made for the new Ordinary Shares to be admitted to trading
on AIM and dealings are expected to commence on 29 December 2006.



David Mond, CEO of ClearDebt said



'This injection of capital has come at a pivotal time for ClearDebt. We are
currently investigating a number of new relationships with potential partners
which could increase our flow of potential IVA's considerably.



The funds will also enable us to increase our marketing spend, focussing on
highly targeted campaigns which have in the past significantly increased our
pipeline of potential new cases'





For further information please contact:


David Mond, ClearDebt Group plc                      Tel:  0161 228 7444
David Youngman, WH Ireland Limited                   Tel:  0161 832 2174
Paddy Blewer, College Hill Associates                Tel:  0161 832 2174




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