RNS Number:0294D
First Artist Corporation PLC
28 October 2002

                  First Artist Corporation plc (the "Company")


                                Grant of Options


The Company announces that on 17 October 2002 options over ordinary shares of
0.25p each in the Company ("Ordinary Shares") were granted under the Company's
Share Option Scheme to all employees of the Company, including the executive
Directors. The options are exercisable at any time between 3 and 10 years of the
date of grant at 17p per share, based upon the average of the closing middle
market price of an Ordinary Share for the three business days prior to the date
of grant. The number of options granted to the executive Directors were as
follows:

Director                    Number of Ordinary Shares over which options granted
Jon Smith                                                                150,000
Phil Smith                                                               150,000
Vinicio Fioranelli                                                       150,000
Vincenzo Morabito                                                        150,000
Jonathan Lees                                                            100,000




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

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