FAN Volution Group Plc

    For immediate release: 0700hrs Monday 7th November 2005

                     TRADING UPDATE ON RECENT ACQUISITIONS                     

First Artist Corporation PLC (AIM: FAN), the acquisitive sports and
entertainment group, today reports the successful integration of its three most
recent acquisitions prior to entering its closed period.

ABG Financial Management - the profitable FSA registered IFA acquired in August
2005 to provide wealth management services to First Artist Management's
sporting and celebrity clients - has already begun to benefit from
cross-trading opportunities within the First Artist Corporation group of
companies. It is likewise experiencing an increase in activity as it prepares
clients for the introduction of new UK pension legislation on 6th April 2006 -
A Day.

Finishing Touch, the profitable events management business acquired in
September 2005, has likewise won new contracts as a result of introductions
from within the First Artist Corporation group.

Meanwhile, the Company also confirms that the 20-player roster of Mel Stein's
Team Sports Management Limited has been successfully integrated into First
Artist Management's international roster of over 200 players following the
acquisition of the business in January 2005. The Company is likewise
progressing talks with all relevant parties to create the Agents Association to
ensure that a professional code of conduct is established within the football
industry.

Jon Smith, Chief Executive of First Artist Corporation PLC, commented:

"We are pleased to be already experiencing the first fruits of our
diversification strategy at a time when the football representation division
has experienced its best trading performance for some years with the business
expecting to benefit further from the run-up to the 2006 World Cup. We will
continue to seek further acquisition opportunities that are relevant to our
goal of building a balanced, profitable, complementary group of businesses in
the fields of player and artist representation, marketing, event and wealth
management."

The company expects to announce its preliminary results for year ended 31st
October 2005 late January 2006.

- ends -

Notes to Editors

First Artist Corporation PLC (AIM: FAN) is a leading sport and entertainment
representation and event management group. With offices in London, Milan, the
USA and Middle East, it provides four distinct services: sports player
representation, celebrity representation, wealth management, and event
management. Its player representation division, First Artist Management ("FAM")
is recognised as one of world's leading football management groups.

For further information:

First Artist Corporation plc

Jon Smith, Chief Executive Tel. + 44 (0) 20 8900 1818

Richard Hughes, Finance Director

Shore Capital Tel: + 44 (0) 20 7408 4090

Alex Borrelli

gth media relations

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



END

Volution (LSE:FAN)
Historical Stock Chart
From Jun 2024 to Jul 2024

Volution (LSE:FAN)
Historical Stock Chart
From Jul 2023 to Jul 2024