Directorate Change&S/holdings

Artisan (UK) PLC 24 May 2002 Artisan (UK) plc Re Directorate and Directors Shareholdings The Board of Artisan is pleased to announce the appointment yesterday of Mr Michael Stevens and Mr John Hemingway as non-executive directors. Mr Stevens will join the Board as deputy Chairman. He is also a director of Aspen Finance Limited. He brings to the Board extensive knowledge and understanding of the construction and property management market. Mr Hemingway, who is also a director of First Hungary Fund, Red Emerald (UK) Limited, Erringham (Ventures) Limited and Erringham Investments Limited, brings with him a wealth of experience which will the Board believes will make a valuable contribution to the maintenance or current, and creation of further, shareholder value. Mr Hemingway's appointment follows the resignation of John Jones from the board of Artisan (UK) plc, to concentrate on his position as Managing Director of Rippon Homes Limited, a subsidiary of Artisan (UK) plc. Hemery Trustees Limited has today sold its 10,000,000 ordinary shares in Artisan (UK) plc, in which Stephen Dean is beneficially interested, at 11p per share to Aspen Finance Limited. Following this disposal Mr Dean will neither hold nor have any beneficial interest in ordinary shares in the Company and Mr Stevens will be interested in 10,000,000 ordinary shares representing 3.72% of the Company's issued share capital. Michael Winston Stevens, aged 48, holds or has held the following directorships or partnerships within the last five years. Current: Past: Aspen Finance Limited Rushbrook Limited John Hemingway, aged 58 holds or has held the following directorships or partnerships within the last five years. Current: Past: Erringham Investments Limited None Erringham Ventures Limited Red Emerald (UK) Limited There are no further details to be announced pursuant to Schedule 2(f) of the AIM Rules for Companies. This information is provided by RNS The company news service from the London Stock Exchange