In a blender combine water, egg, caster sugar, oil, fresh yeast and salt. Blend well until smooth.
Transfer the mixture to a large bowl and gradually add the flour, kneading as you go. Shape into two round loaves and place on a lightly oiled baking tray; leave to rest for half an hour in a warm place.
Preheat oven to 180 C / Gas 4.
Bake in preheated oven for half an hour, or until the loaves sound hollow when tapped on the bottom.