RNS Number:7644I
AIM
17 March 2003




                 ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Medi@Invest PLC to be renamed Universal Direct Group plc prior to Admission

COMPANY ADDRESS:
11-13 The Vineyard, Abingdon, Oxfordshire OX14 3PX

COMPANY POSTCODE:
OX14 39X

COUNTRY OF INCORPORATION:
England

COMPANY BUSINESS:
On Admission, the principal trading business of the Group will be Universal Consumer Products Limited ("UCP"), which
specialises in the purchase and resale principally of branded consumer electronics at discounted prices to reflect the
fact that they are surplus stocks or customer returns.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price):
4,544,913 Ordinary Shares of 10 pence

CAPITAL TO BE RAISED ON ADMISSION:
Nil

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Barry Edward Adams, Executive Chairman
Andrew Robert Foster Flatt, Finance Director
Gary Steven Shoefield, Non Executive Director

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
STATING WHETHER BEFORE OR AFTER ADMISSION:
Barry Edward Adams, Executive Chairman 10.3% (including 1.03% warrants) held under a trust by Allied Trust Company
Limited
Andrew Robert Foster Flatt, Finance Director 5.7% before and after admission
Robert Stuart Glynne Jones 8.4% (including 1.03% warrants) before and after admission
David Holyoak 4.3% before and after admission
Michael Webb 3.4% before and after admission
Bybrook Limited 3.6% before and after admission
Pershing Keen Nominees Limited TYCLT ACCT 4% before and after admission
Sharelink Nominees Limited JMM ACCT 3.2% before and after admission
TD Waterhouse Nominees (Europe) Limited SMKTNOMS ACCT 4.7% before and after admission


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES.
Arthur Anderson Corporate Finance,1 Surrey Street, London #21,030
Mayberry Investments Limited, 61B Bridge Road Street, Molesey, Surrey, KT8 9ER #12,000

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 March

EXPECTED ADMISSION DATE:
10 April 2003

NAME AND ADDRESS OF NOMINATED ADVISER:
Beaumont Cornish Limited, Georgian House, 63 Coleman Street, London, EC2R 5BB

NAME AND ADDRESS OF BROKER:
Insinger Townsley, 44 Worship Street, London, EC2A 2JT

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS
WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES.
Beaumont Cornish Limited, Georgian House, 63 Coleman Street, London, EC2R 5BB

DATE OF NOTIFICATION:
17 March 2003

NEW/ UPDATE (see note):
NEW

LISTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTMENT STRATEGY

A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THE
END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED OR AN APPROPRIATE NEGATIVE STATEMENT

A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT ITS WORKING CAPITAL WILL BE INSUFFICIENT
FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES.







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