RNS Number:7009O
AIM
28 December 2006



ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE 
WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:

First Artist Corporation PLC


COMPANY ADDRESS:


First Artist House, 87 Wembley Hill Road, Wembley, Middlesex


COMPANY POSTCODE:.


HA9 8BU


COUNTRY OF INCORPORATION: UK

UK


COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:

Media agency, Sports representation, Wealth management, arranging corporate events, entertainment and sponsorship
advice.



This admission is due to a reverse takeover under the AIM Rules.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):


13,025,799 Ordinary Shares of 2.5p each


CAPITAL TO BE RAISED ON ADMISSION:

#1 million


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

Jarvis Joseph Astaire OBE Chairman

Jonathan Andrew Smith Chief Executive

Timothy John Mackenzie Chadwick Non-Executive

Richard Michael Hughes FCMA Managing  Director

Philip Malcolm Smith Chief Operating officer


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:

                                                Before Admission                   After Admission

Jon Smith*                                         10.3%                              9.1%

Phil Smith**                                        7.3%                              6.5%

Vincenzo Morabito                                   7.3%                              6.3%

Verite Trust Company Limited                           -                              4.9%

Sinjul Nominees Limited                             5.3%                              4.5%

L R Nominees Limited Nominee ACCT                   3.8%                              3.3%

Pershing Keen Nominees Ltd                          3.7%                              3.2%


TD Waterhouse Nominees (Europe) Ltd                 3.7%                              3.2%

BNY (OCS) Nominees Limited                          3.5%                              3.1%


*  the Ordinary Shares held by Jon Smith include 2,200 shares held by his immediate family

** the Ordinary Shares held by Phil Smith include 279,760 shares held by the Smith Family Trust


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A


ANTICIPATED ACCOUNTING REFERENCE DATE:

31 August


EXPECTED ADMISSION DATE:

28 December 2006


NAME AND ADDRESS OF NOMINATED ADVISER:

Dawnay, Day Corporate Finance Limited

17 Grosvenor Gardens

London SW1W 0BD


NAME AND ADDRESS OF BROKER:

Arbuthnot Securities Limited

Arbuthnot House

20 Ropemaker Street

London EC2Y 9AR


DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

The Admission Document, which contains full details about First Artist Corporation PLC will be available at http:

//www.firstartist.com/investors/reports.asp


DATE OF NOTIFICATION:

28 December 2006


NEW/ UPDATE (see note):

UPDATE


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

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