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Disposal of Envesta Shares

25 May 2001

The Directors of Artisan (UK) plc are pleased to announce today they have agreed to dispose of their balance of 2,685,265 shares in Envesta plc, being11.35per cent of the Envesta share capital. Artisan has retained the voting rights of these shares at the forthcoming Envesta Extraordinary General Meeting.

The disposal of shares over the past year has shown Artisan a profit of £1.8million. As indicated at the time, Envesta was a short-term investment once the underlying Bickerton businesses were sold to Artisan approximately one year ago, and the shell renamed Envesta plc.

Enquiries:

Artisan (UK) plc 01480 436666
Chris Muselle Finance Director  
Cater Barnard (UK) Ltd 0870 066 0830
Stephen Dean Chairman
Seymour Pierce 0207 648 8700
Sarah Wharry