Property Disposal

Artisan (UK) PLC
10 May 2000


ARTISAN (UK) plc DISPOSES OF NEW CROSS PROPERTY FOR £5,125,000

Artisan (UK) plc, the AIM listed housebuilding, property development,
contracting and property refurbishment group, announces that it has today
agreed terms and that contracts have been conditionally exchanged in respect
of the sale of an industrial park in New Cross, London, for £5,125,000 cash.

The New Cross property is part of the portfolio of seven investment properties
independently valued at £9,415,000 and acquired by Artisan (UK) following
shareholder approval at the Extraordinary General Meeting held in March. 


Enquiries:
Artisan (UK) plc                                             01480 436666
Stephen Dean, Chairman                                                 
Chris Musselle, Finance Director

Boswell City Financial PR Limited                           020-7583 2001
Glenda Boswell                                        Mobile [phone]
Rodney Johnson