Trading Update

RNS Number:4966Z
Direct Wonen N.V.
03 July 2007


For Immediate Release                                                3 July 2007

                               DIRECT WONEN N.V.
                        ('Direct Wonen' or the 'Group')

                                 Trading Update

Direct Wonen (AIM, DIWO), a leading residential property lettings agent in The
Netherlands also active in new build property sales and as a financial services
intermediary, is pleased to announce a trading update.

In the five months ended 31 May 2007, Group turnover increased 188% versus the
same period in 2006. New Build Property sales, which commenced largely in the
second half of 2006, and Financial Services revenue from the Acadium Bastion
Group acquired in September 2006, contributed largely to this increase.

Higher marketing spend and improved brand awareness resulted in an increase in
traffic to the Direct Wonen internet site www.directwonen.nl.  In the five
months ended 31 May 2007, the number of unique visitors on the Direct Wonen site
increased 7.6% to 1,135,983.  In May 2007, a record number of subscribers were
registered through the internet, up 38% on the same month in 2006. A new site
www.Directliving.nl was recently launched and a significant increase in traffic
is expected as a result of an increased focus on the expatriate market.

The new build property market remains strong with average prices for properties
sold increasing 4.6%. Although interest rates have increased since last year,
demand still exceeds supply in the new build market with the strength in demand
varying according to location. In the five months ended 31 May 2007, the Group
achieved its turnover budget and margins in New Build Sales. The Group continues
to focus on acquiring new build projects and is building a strong pipeline.

The Dutch mortgage market has been impacted by increasing rates, however the
Group continues to build its market share and in the Directors' opinion, there
are opportunities for this to further increase.

In summary, the Group has made a good start to this financial year and the
results for the half year ended 30 June 2007 will be in line with management
expectations. With a strong new build property pipeline and the growth of the
financial services division, the Directors are confident that the Group is on
track to achieve expectations for the full year.

For more information please contact:

Direct Wonen                                          Tel [phone]
Ihab El Sayed                                         [e-mail]
www.directwonencorporate.com

Hill and Knowlton Nederland                           Tel [phone]
Edwin van Wijk                                        [e-mail]
www.hillandknowlton.nl

Buchanan Communications                               Tel [phone]
Richard Darby                                         [e-mail]
www.buchanan.uk.com


About Direct Wonen

Direct Wonen is a non traditional intermediary in real estate and financial
services.

The Direct Wonen group of companies operates three complementary business lines:
private residential property lettings, new build property sales and financial
services. All three business lines utilise Direct Wonen's database of
individuals looking for housing, landlords and property developers.

Direct Wonen was formed in 1990 and has been listed on the AIM of the London
Stock Exchange since 1 May 2007.



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