Second Major pre-let

Artisan (UK) PLC
09 August 2007





                                Artisan (UK) plc


                              Second Major pre-let


Artisan (UK) plc ('Artisan' or 'the Group'), the residential house builder and
commercial business park developer, announces further progress in developing its
property businesses with the pre-let of a new unit at its Vantage Business Park
in Huntingdon. The unit will be retained as the second property within Artisan's
investment property business and will be partly occupied by Artisan's head
office.


The Board announced in May 2007 its strategy of retaining selected properties
from its development portfolio as investment properties together with the
announcement of the first investment property at Colmworth.


The agreement to lease is in respect of a bespoke unit at Vantage Business Park
in Huntingdon, due for build completion in late 2007. The building will be in
two parts with Speymill Group plc (''Speymill'') occupying 5,000 sq ft and
Artisan occupying 3,000 sq ft. The Board is satisfied that this opportunity
fulfils its criteria for retention as an investment property unit.


Artisan's Chief Executive, Chris Musselle, commented: 'Artisan shares its
present office premises, on which the lease has ended, with Speymill and will
continue to do so in the Vantage Business Park: this new building is a logical
next step for Artisan, reflecting the progress made in recent years.'


Chief Executive of Speymill, Andrew Latham said: 'The new office space is
desperately needed as Speymill Contracts Ltd, our UK contracting subsidiary,
continues the significant expansion of its hospitality based construction
business, and we are pleased to be involved with Artisan in the creation of our
new offices.'



Artisan (UK) plc
Chris Musselle                 Chief Executive        01480 436666
                                                      [e-mail]

Brewin Dolphin Securities      Nominated advisers     0121 236 7000
Limited
Ifor Williams

Bankside Consultants           Financial PR advisers  020 7367 8888
Simon Rothschild                                      07703 167065
Louise Mason


Company website: www.artisan-plc.co.uk

www.artisandevelopments.co.uk

Speymill website www.speymill.com




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