EGM Statement

RNS Number:5188O
First Artist Corporation PLC
22 December 2006


For release at 7.00am.

                                                                22 December 2006



                          First Artist Corporation Plc

                        EGM Statement and Trading Update


An Extraordinary General Meeting of First Artist Corporation Plc ("First Artist"
or the "Group"), the media and entertainment group, will be held at 10.00am
today at 10 Grosvenor Gardens, London SW1W 0DH to conduct the business as set
out in the Notice of Extraordinary General Meeting included in the circular to
shareholders dated 30 November 2006.


At the meeting, Jon Smith, the Chief Executive, will make the following
comments:


"With regard to trading across the Group in this financial year to date, all of
our businesses are performing in line with or ahead of expectations, with in
particular:


-          the Sports division, which represented Alan Curbishley in his
appointment as manager of West Ham United, looking forward to the January
football transfer window with confidence;


-          the Wealth division's joint venture with HW Fisher proving to be very
productive; and


- the successful integration of recently acquired NCI Management into First
Artist Entertainment.


Overall, we have had a most promising start to this current year.


Included in the business of today's meeting is a resolution to approve the
acquisition of Dewynters Plc ("Dewynters"), the UK entertainment industry's
leading marketing services agency. Dewynters has natural synergies and
cross-referral opportunities with the rest of the Group, especially Events, and
will spearhead First Artist's Media division, working with the highly-respected
Sponsorship Consulting Limited. Its addition to the First Artist family will be
a significant milestone in our growth and development, as we continue to seek
further opportunities for expansion".


For further information:

First Artist Corporation plc
Jon Smith, Chief Executive                       Tel. [phone]
Richard Hughes, Group Managing Director

Hudson Sandler

Nick Lyon /James White Tel. [phone]



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

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