Offers for Investment In Heritage Unconditional

Artisan (UK) PLC
18 February 2000

                Artisan (UK) plc ('Artisan')
                            
 Recommended Offers for the entire Issued Ordinary and A
                    Share Capital of
            Investment In Heritage plc ('IIH)
                            
               Offers Wholly Unconditional

Artisan  announces that as at 1.00pm on 18 February  2000
valid  acceptances of the Ordinary Share Offer  had  been
received  in  respect  of  a total  of  600,289  Ordinary
Shares, representing approximately 92.8 per cent. of  the
current issued ordinary share capital of IIH.

As at 1.00pm on 18 February 2000 valid acceptances of the
A  Share Offer had been received in respect of a total of
100  A  Shares, representing 100 per cent. of the current
issued A share capital of IIH.

The  total  number of acceptances received in respect  of
the  Offers  includes acceptances in  respect  of  10,004
Ordinary Shares under the Ordinary Share Offer and 100  A
Shares under the A Share Offer which were the subject  of
irrevocable undertakings.

Accordingly,   Artisan  announces  that   the   remaining
conditions  of the Offers have been satisfied  or,  where
permitted, waived and consequently the Offers have become
unconditional  in  all respects.    The  Offers  are  now
closed.   Consideration in respect of  valid  acceptances
received will be sent to IIH shareholders within the next
14 days.

In due course, Artisan intends to apply the provisions of
sections 428 to 430F of the Companies Act 1985 to acquire
compulsorily the IIH Ordinary Shares in respect of  which
valid  acceptances of the Ordinary Share Offer  have  not
been received. Section 429 notices will be posted in  due
course  to those Ordinary Shareholders for which a  valid
acceptance has not been received.

Enquiries:

Artisan (UK) plc                   01480 436666
Stephen Dean


This  announcement  has been approved by  Seymour  Pierce
Limited ('Seymour Pierce') for the purposes of Section 57
of the Financial Services Act 1986.

Seymour  Pierce which is regulated by The Securities  and
Futures Authority Limited, is acting for Artisan and  for
no  one  else in connection with the Offers, and  Seymour
Pierce  will  not  be responsible to  anyone  other  than
Artisan  for providing protections afforded to  customers
of Seymour Pierce or for giving advice in relation to the
Offers.

The  Directors of Artisan accept responsibility  for  the
information  contained in this announcement and,  to  the
best  of  their  knowledge and belief (having  taken  all
reasonable  care to ensure that such is  the  case),  the
information   contained  in  this  announcement   is   in
accordance  with  the facts and does  not  omit  anything
likely to affect the import of such information.