RNS Number:6072D
First Artist Corporation PLC
11 November 2002

         First Artist Corporation plc ("First Artist" or the "Company")


                            Directors' Shareholding


First Artist was informed on Friday 8 November 2002 that the undernoted
Directors of the Company purchased an aggregate of 671,853 ordinary shares of
0.25p each ("Ordinary Shares") in the Company on Friday 8 November 2002 at a
price of 14p per share.

Director                             No. of Ordinary Shares   No. of Ordinary Shares held     Percentage of issued share
                                                  purchased            following purchase   capital of Company following
                                                                                                                purchase

Jon Smith                                           141,443                    11,383,643                         21.12%

Phil Smith1                                          88,402                     7,588,402                         14.08%

Vinicio Fioranelli                                  212,164                     8,567,164                         15.89%

Vincenzo Morabito                                   141,443                     8,466,443                         15.71%

Nick Bitel                                           70,721                        82,721                          0.15%

Alexander Johnston                                   17,680                        27,680                          0.05%


Note:


 1. Phil Smith's shareholding following the above purchase includes 2,797,600
    Ordinary Shares held by the Smith Family Trust, a discretionary trust under
    which the beneficiaries include Phil Smith and his family.

















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

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