First Artist Corporation plc                          

                   Issue of Shares to a subsidiary Director                    

First Artist Corporation plc (AIM: FAN), the acquisitive entertainment and
player representation group, is pleased to announce that it has issued 250,000
new ordinary shares of 0.25 pence each ("Shares") at par value to Mr. Claudio
Vigorelli, managing director of Promosport, the group's Milan office.

This issue is in recognition of the continued positive contribution being made
to the group by Mr. Vigorelli.

Application has today been made for the Shares to be admitted to AIM and
dealings are expected to commence on 29 December 2005.

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

Notes to Editors

About First Artist Corporation

First Artist Corporation plc (AIM: FAN) is a leading sports 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 is
recognised as one of world's leading football management groups.

END

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