Result of AGM

FIRST ARTIST CORPORATION PLC

Result of Annual General Meeting and earn-out payment

First Artist Corporation plc (AIM: FAN), the media, sport and events group, is pleased to announce that at the Annual General Meeting held earlier today, all resolutions proposed in the Notice of Meeting were duly passed.

In addition, the Board is pleased to announce that the final earn-out payment due to the Vendors of Dewynters Limited ("Dewynters"), the UK's leading full-service theatre and entertainment marketing agency acquired in November 2006, was made today. The payment of £1.5 million was paid in full and final settlement of any outstanding earn-out commitments under the Dewynters acquisition agreement.

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Notes to Editors:

First Artist Corporation plc was admitted to AIM in 2002.

First Artist's group companies are among the leading brands in their fields under the following categories: 

Media - entertainment advertising, marketing, design, promotions, digital media, merchandising, signage and front of house displays for the West End, Broadway and Las Vegas via the Dewynters, SpotCo and Newman Displays brands. Sponsorship rights marketing through First Rights Limited.

Events - offers a broad range of events such as conferences, company activity days, parties, venue finding, delegate management and client events for private and public sector clients through The Finishing Touch.

Sport - representation of football players/clubs across the UK, Europe and the US through the Sport division.