Director's Loan

Cater Barnard PLC
13 November 2002


FOR IMMEDIATE RELEASE  13 November 2002



                       Cater Barnard PLC ('the Company')

                           Director's Loan to Company


In order to provide the funds for the Company to repay £410,000 as loan notes
due to Artisan (UK) PLC, Mr Stephen Dean, Chairman of the Company has provided a
loan of £300,000 to the Company for an initial period of three months, unsecured
and non-interest bearing.

Mr Adrian Stecyk, being the only Director other than Mr Dean, having consulted
the Company's Nominated Adviser, Beaumont Cornish Limited, considers that the
terms of this transaction are fair and reasonable insofar as the Company's
shareholders are concerned.



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