FAN Volution Group Plc

    For immediate release: 25th May 2006

                    First Artist Corporation PLC (AIM:FAN)                     

                             Re: press speculation                             

First Artist Corporation plc notes the recent press speculation and confirms
that, in line with its acquisition strategy, it is currently in various stages
of discussions with a range of potential acquisition and joint venture targets
across all sectors of the Group's activities. Further announcements will be
made in due course.

The Company also confirms that it is experiencing positive trading across all
of its divisions and a trading update on the first six months of the year will
be announced in due course.

For further information:

First Artist Corporation plc Tel. + 44 (0) 20 8900 1818

Jon Smith, Chief Executive

Richard Hughes, Finance Director

Arbuthnot Securities Limited Tel:+ 44 (0) 20 7012 2000

Tom Griffiths

gth media relations

Toby Hall/Jade Mamarbachi Tel: + 44 (0) 20 7153 8039 / 8035



END

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