Conditional Contract To Sell

Artisan (UK) PLC
25 May 2001

ARTISAN (UK) PLC ENTERS INTO CONDITIONAL CONTRACTS TO SELL BICKERTON
CONSTRUCTION LTD AND DRIVERS CONSTRUCTION LTD

The Directors of Artisan (UK) Plc are pleased to announce today that they have
entered into conditional contracts to sell Bickerton Construction Ltd and
Drivers Construction Ltd.


The two regional contractors no longer form part of the core activities, being
residential and commercial property developments.  The development activity of
Drivers has been retained and will form a Residential Development business, to
be based in Mid-Hertfordshire.


In the year to March 2001, both Bickerton and Drivers achieved operating
profits of £862,000 including £1.34million non-recurring income.


The businesses will be sold for a total consideration in cash and debt assured
of £2.65million and are expected to show Artisan £2.01million profit before
expenses.


The preliminary results are expected early July.



END



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Enquiries:



Artisan (UK) Plc
Chris Musselle, Finance Director         01480 436 666




Cater Barnard plc
Stephen Dean, Chairman                   0870 066 0830





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