Reduction of Share Premium Ac

Artisan (UK) PLC
12 February 2004


                                ARTISAN (UK) PLC

Artisan (UK) plc announces that the reduction of its Share Premium Account,
which was approved by shareholders at the Annual General Meeting, was confirmed
by the High Court on 21st January 2004, and the order has now been registered by
the Registrar of Companies. The reduction of the Share Premium Account enables
the Company to eliminate the deficit in the profit and loss account of the
Company which arose from the exceptional losses made in previous accounting
periods.



                      This information is provided by RNS
            The company news service from the London Stock Exchange