QXL QXL

RNS Number:1510Z
QXL Ricardo PLC
27 June 2007

27 June 2007


QXL ricardo plc (the 'Company')


Issue of shares



The Company announces that in accordance with the terms of the Polish settlement
agreement dated 29 June 2006 (the "Settlement Agreement"), it is issuing a total
of 1,831,099 ordinary shares of 5p each in the Company to Wouwer Investeringen
B.V. and Tomasz Dudziak. These shares represent a proportion of the Retained
Shares and Deferred Settlement Shares (as defined in the Settlement Agreement)
and rank pari passu in all respects with the existing issued ordinary shares of
the Company.

Application has been made to the UK Listing Authority and to the London Stock
Exchange for these shares to be admitted to listing on the Official List and to
trading on the London Stock Exchange's main market for listed securities. It is
expected that admission will become effective and that dealings in such shares
will commence at 8.00am on Thursday 28 June 2007.

Following the issue of these shares, the Company will have 45,422,135 ordinary
shares in issue.



Enquiries:


QXL ricardo plc
Alison Cabot, Investor Relations
Tom Parkinson, Company Secretary
Tel: +44 (0)20 7384 6310


Financial Dynamics
James Melville-Ross
Juliet Clarke
Matt Dixon
Tel: +44 (0)20 7831 3113




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