Re: Potential Litigation

Artisan (UK) PLC 26 November 2007 ARTISAN (UK) PLC ATTEMPT TO REOPEN LITIGATION On 11th November 2005, Artisan (UK) plc ('Artisan' or 'the Company') the residential house and business park developer, announced that the Appeal Committee of the House of Lords had refused permission for Infiniteland Limited and Mr John Aviss to appeal to the House of Lords. This ruling followed the rejection, by both the High Court and the Court of Appeal, of the claimants' claims for damages for misrepresentation and breach of warranty in connection with the sale of Bickerton Construction Limited in 2001. This transaction completed prior to the appointment of Mr Michael W Stevens as a Director and Chairman of Artisan. Without any letter before action or other prior notification, Artisan has been served with a claim by Infiniteland Limited and Mr Aviss, alleging fraudulent misrepresentation in relation to the sale of Bickerton Construction Limited, and claiming damages, including the claimants' costs in relation to the previous proceedings. Artisan has taken advice from the leading counsel who successfully represented the Company in the previous proceedings. The Company is advised that the proceedings now issued are an attempt to re-litigate issues which have already been decided and rejected by the courts, and as such are an abuse of process. The Company is applying for the new claims to be struck out, and will press for the earliest possible hearing of that application. The Company is advised by its counsel that this application to strike out will succeed. Enquiries to: Artisan (UK) plc Chris Musselle Chief Executive 01480 436666 email@artisan-plc.co.uk Brewin Dolphin Securities Nominated advisers 0845 270 8613 Limited Andrew Kitchingman Bankside Consultants Financial PR advisers 020 7367 8888 Simon Rothschild 07703 167065 Louise Mason Company website: www.artisan-plc.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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