FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                        Report of Foreign Private Issuer
                       Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934



                          For the month of March, 2003



                                QXL ricardo PLC


                                 Landmark House
                            Hammersmith Bridge Road
                                 London W6 9EJ
                                 United Kingdom
                              Tel: 44-208-962 7100

                    (Address of principal executive offices)


(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.)

                       Form 20-F..X..     Form 40-F.....

(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)

                               Yes ..... No ..X..

(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________ )




                      RESULT OF EGM AND QXL POLAND UPDATE


QXL ricardo plc


28 March 2003


Result of Extraordinary General Meeting, NASDAQ delisting and update on
ownership dispute re QXL Poland Sp z.o.o. ('QXL Poland')


QXL ricardo plc (the 'Company')  announces that at its Extraordinary  General
Meeting held on 28 March, the special resolution required to implement  the
proposed 1 for 1,000  consolidation  of the  Company's  ordinary  shares was
approved by the  necessary  majority of shareholders.  The  Company  expects
admission  to the  Official  List of the UKLA of its new  ordinary  shares  of
GBP1 each to  become effective (and dealings in these shares on the London
Stock Exchange to commence) on 1 April 2003.

The Company  expects the  delisting  of its shares from the NASDAQ  Stock
Market and the  deregistration  of its  securities  from the reporting
requirements of the US Securities Exchange Act of 1934 to become effective on
31 March 2003.

The Company also announces that various civil and criminal  proceedings  have
been commenced in Poland  regarding the  registration  of NIAA Sp z.o.o.
('NIAA') as a 92%  shareholder  of QXL Poland.  NIAA is owned by  companies
controlled  by the General  Manager of QXL Poland,  Arjan  Bakker,  and his
common  law wife.  The  Company  is seeking to annul the share  issue to NIAA
on the basis that it was carried out  fraudulently,  without the  Company's
knowledge  or consent and as a result of Mr Bakker and his  associates
withholding documents  from the Poznan  Court  Registry.  An  injunction  has
also been sought to prevent any sale of the assets or business of QXL
Poland,  or the shares  registered  in NIAA's  name,  pending  resolution  of
this  issue.  Further  information  on  progress in these proceedings will be
announced at the appropriate time.

QXL Poland has  recently  claimed  that the  annualised  value of goods traded
through its site is 400 million  zlotys (GBP63  million), which, if the
proceedings in Poland are successful, would confirm it as a very material asset
of the QXL ricardo group.




                                          QXL ricardo PLC

Date  28 March, 2003                      By:___/s/ Tom Parkinson___

                                          Tom Parkinson
                                          General Counsel and Company Secretary