AGM Chairman's Statement

Artisan (UK) PLC
4 September 2001



FOR IMMEDIATE RELEASE         4th September 2001


                                Artisan (UK) plc

                           AGM Chairman's Statement


Artisan (UK) plc, the AIM-listed house builder and property developer, held
its Annual General Meeting in London today.

During his opening address at the AGM, Stephen Dean, Chairman of Artisan (UK)
plc made the following statement:

'On behalf of the Company, I am pleased to be able to make the following
statement at this Artisan's third A.G.M.


The year has begun as the Directors expected.  We have also the benefit of the
profit from the disposal of Bickerton and Drivers.


The Company is now highly focused on residential and commercial property
development and expects this year's results to once again show enhanced
earnings.


Due to the various development programmes, the profits will favour the back
six months on probably a 40%-60% basis.


The Company has reviewed the option of transferring to the Official List and
has concluded that due to the loss of tax breaks and loss of executive time,
this would not be in our interests at this time.


The Company continues to have a progressive merger/acquisition policy and I am
pleased to report that we are currently in discussions with two possible
merger targets. The success of these potential mergers would substantially
increase the size of Artisan and introduce some international institutions to
our shareholder base'.



Stephen Dean

Chairman



END



Enquiries:

Artisan (UK) plc              01480 436 666
Stephen Dean, Chairman

Seymour Pierce Limited        0207 648 8700
Sarah Wharry