RNS Number : 5253U
  First Artist Corporation PLC
  15 May 2008
   

    Date:                    15th May 2008
    On behalf of:        First Artist Corporation plc ("First Artist" or "the Group")

    For immediate release

    First Artist Corporation plc


    Potential Disposal

    Following recent press speculation, the Board of First Artist (AIM: FAN), the media, events and entertainment management group,
announces that it has received a preliminary proposal which could lead to the disposal of Dewynters Limited ("Dewynters").

    Dewynters is a wholly-owned subsidiary of First Artist and is the UK entertainment industry's leading full-service agency, providing
marketing, design, advertising, promotions and digital media across a broad spectrum, and with a merchandising operation in the USA. 

    Discussions are at a very early stage and there can be no certainty as to the outcome.  A further announcement will be made as
appropriate.  

    - Ends -

    Enquiries:


    First Artist Corporation plc                                              Tel: 020 7993 0000
    Jon Smith, Chief Executive                                                  www.firstartist.com

    Redleaf Communications                                                 Tel: 020 7822 0200
    Emma Kane / Sanna Sumner / Mike Ward                         FirstArtist@redleafpr.com 

    Dawnay, Day Corporate Finance Limited, NOMAD       Tel: 020 7509 4570
    Christian Littlewood
    David Floyd
                                        

    Notes to Editors:

    *     First Artist Corporation plc floated on AIM in 2002
    *     First Artist's group companies are among the leading brands in their fields under the following categories: 
    *     Media - advertising, marketing and signage for West End, Broadway and Las Vegas shows via the Dewynters and Newman Displays
brands, and strategic sponsorship consulting via Sponsorship Consulting and First Rights
    *     Management - representation of media personalities and football players/clubs across UK, Europe and the US via its First Artist
Sport and First Artist Entertainment companies together with wealth management under its Optimal Wealth Management arm
    *     Events - offers a broad range of events such as conferences, company activity days, venue finding, delegate management and client
events for private and public sector clients such as the Training & Development Agency, under its Finishing Touch business
    *     First Artist is acting as a consolidator in the fragmented media, entertainment and events sectors focusing on high quality brands
with the potential to cross sell to other Group companies 
    *     First Artist has strong visibility of earnings across a diverse and non-cyclical range of activities in both live and digital
formats
    *     The Group benefits from a strong, experienced management team with extensive expertise across all the sectors in which it
operates


This information is provided by RNS
The company news service from the London Stock Exchange
 
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