Artisan EPA Statement

Artisan (UK) PLC 19 September 2000 ARTISAN (UK)plc (AIM) The Board of Artisan (UK) plc ('Artisan') has today issued the following announcement in regard to the Extraordinary General Meeting of enterpriseAsia.com plc ('EPA' or 'enterpriseAsia') called for 10.00am Wednesday 20th September 2000. Whatever the outcome of the voting at the EGM, shareholders deserve, as a matter of courtesy, to be made aware of relevant facts. These are: The Board of enterpriseAsia have, at a conservative estimate, wasted completely unnecessarily some £200,000 of shareholder's money on producing 3 circulars, setting up a shareholder telephone help line and canvassing operation and hiring private investigators in pursuit of a personal vendetta against Artisan's Chairman and which the Artisan Board believes they have allowed to obscure the real points at issue. The original proposal by Artisan for representation on the Board of EPA was put forward in a spirit of co-operation but was only agreed by the EPA board after it had issued its first circular to shareholders. In view of the caustic personal attacks and clear lack of intent of mutual co-operation contained in this circular, the Board of Artisan could see little point in proceeding. Whether Artisan has representation on the enterpriseAsia Board, or not, it will carefully scrutinise the investments EPA makes. For example, in what can only be interpreted as an arrogant disregard for shareholders, the latest sizeable investment of £1.2m for only 8% of Net Fun is dismissed in a mere seven-line announcement devoid of any detail. Artisan (UK) plc currently holds 21.8% of the shares in enterpriseAsia at an average cost of 7p per share. As EPA's largest single shareholder, whatever the outcome of the EGM, Artisan will continue to act in what it believes to be the best interests of all enterpriseAsia shareholders. Whether from inside or outside the enterpriseAsia boardroom, it will continue to attempt to broker transactions. Artisan has already received two informal approaches in this connection. In the event shareholders vote not to change the Board, Artisan intends to maintain its shareholding in enterpriseAsia as a possible key to achieving a positive outcome for the benefit of all shareholders. Enquiries: Artisan (UK) plc 01480 436 666 Stephen Dean, Chairman Chris Musselle, Finance Director Seymour Pierce Limited 020 7648 8700 Sarah Wharry Boswell City Financial PR Ltd. 020 7583 2001 Glenda Boswell/Rodney Johnson
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