RNS Number:9485L
First Artist Corporation PLC
05 June 2003



         First Artist Corporation plc ("First Artist" or the "Company")

                            Director's Shareholding

The Company was informed on 4 June 2003 that Jon Smith, Chief Executive, had
purchased 175,000 ordinary shares of 0.25p each ("Ordinary Shares") in the
Company on 4 June 2003 at a price of 4.52p per share.

In addition, the Company was also informed on 4 June 2003 that Mrs Janine Smith,
wife of Jon Smith, had sold 175,000 Ordinary Shares in the Company on 4 June
2003 at a price of 4.5p per share.

Following these transactions, Jon Smith's beneficial interest in the Ordinary
Share capital of the Company is unchanged at 11,383,643 Ordinary Shares,
representing 21.1 per cent. of the issued share capital of the Company.




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