Artisan (UK) PLC
14 September 2000
Artisan (UK) plc
Artisan (UK) plc has accepted that the purchase made by it of
1,000,000 ordinary shares in enterpriseAsia.com plc on 1
August 2000 was not made in compliance with Rule 4.1 of the
Takeover Code. Notwithstanding that the breach was of an
inadvertent nature, Artisan has agreed with the Takeover
Panel that the votes attaching to the shares concerned
(representing 0.41% of the total issued ordinary share capital
of enterpriseAsia) will not be cast at the extraordinary
general meeting of enterpriseAsia to be held on Wednesday 20
September 2000. The remaining 51,325,000 ordinary shares in
enterpriseAsia held by Artisan (representing 21.42% of a total
ordinary issued share capital of enterpriseAsia) will be voted
in favour of the resolutions to be proposed at that meeting.
On the basis of the facts now known to the Panel, Artisan does
not expect the Panel to take any further action in relation to
this matter.