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Artisan (UK) PLC (ART)

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Wednesday 27 June, 2001

Artisan (UK) PLC


Artisan (UK) PLC
27 June 2001

                               Artisan (UK) plc
                       Disposal of EnterpriseAsia Stake.

The Board of Artisan (UK) plc ('Artisan') the AIM quoted house builder and
property developer, announces that the Company has today sold the last of its
technology and internet related investments, plc for a
total consideration of £3.24 million.

Artisan has sold its 28.1% stake in plc to Nasdaq quoted
Stratus Services Group Inc for £3.24 million payable in convertible redeemable
loan notes which carry a coupon of 7% per annum.

This disposal brings to a conclusion the technology investments of Artisan
following the disposal of the investment in CPD Online to Envesta plc in July
2000 and the recent sale of Artisan's remaining holding in Envesta plc.

Stephen Dean, Chairman of Artisan said 'The disposal of Artisan's investment
in enterpriseAsia is another positive move forward in focusing the company on
its core business of house-building and property development.'

In aggregate, Artisan made a net profit on the disposal of its technology
investments of some £1.35 million which will be included in the Company's
results to 31 March 2001.


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