Trading Statement

Artisan (UK) PLC 13 October 2005 Artisan (UK) plc Trading Statement Artisan (UK) plc ('Artisan' or 'the Company'), the AIM listed residential housing and business park developer today issues the following trading statement ahead of the interim results for the six months to 30 September 2005, which it expects to announce on 29 November 2005. In the interim results statement, the Company expects to confirm that Artisan has achieved an improvement in sales compared with the previous interim period 30 September 2004 in both the Rippon Homes residential housing and the Artisan (UK) Developments commercial business park subsidiary. The Company anticipates that trading margins will be only slightly down compared with the previous interim period. Despite absorbing the costs associated with the departure of the previous Chief Executive, we expect our interim announcement to demonstrate the achievement of results broadly similar to those announced for the six months to 30 September 2004. These resilient results are achieved in the face of a less than favourable housing market for the majority of the period under review. At the very end of this six month period we are seeing signs of improved consumer activity. Actual sales remain largely dependant on part exchanges and sale assistance packages. However our careful management of the Company's part exchange programme has maintained Artisan's ability to assist customers in committing to their purchase of a new home. The residential land buying team is providing an encouraging number of land acquisition opportunities, a number of which are now moving forward. In particular we expect to complete shortly on a substantial new site for a minimum of 76 units in Mansfield. The commercial market has remained steady and we are pleased with the continuing returns that Artisan Developments has achieved. We have now agreed terms on one new site and made an offer on one further site, with the intention of replacing those sites where the majority of units have been sold. We will continue to seek further sites to modestly expand the number of outlets in order to improve sales opportunities. The outlook for the remainder of the year remains dependant upon the normal seasonal improvement in demand expected in the Autumn and Spring 2006 translating into actual sales in the residential market and the current market conditions remaining in place for our commercial business parks. Enquiries to: Artisan (UK) plc: Chief Executive 01480 436666 Chris Musselle email@artisan-plc.co.uk Seymour Pierce Nominated advisers 020 7107 8000 Sarah Wharry Bankside Consultants Financial PR advisers 020 7367 8888 Simon Rothschild 07703 167065 Company website: www.artisan-plc.co.uk This information is provided by RNS The company news service from the London Stock Exchange EN TSTFFDFMESISEDS
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