Artprice Q4/2004 Revenue - New Standardized Art Marketplace Successfully Launched

Artprice Q4/2004 Revenue - New Standardized Art Marketplace Successfully Launched

LYON, France, February 10/PRNewswire-FirstCall/ -- As previously announced, Internet revenue increased by 40.64% in 2004
compared to 2003, the total revenue increased by 16.93%



The Internet, which generates the main profit and now accounts for 78% of
total revenue, is expected to grow to 90% by 2005. Data charts on
www.Artprice.com



2005 prospects:



Officially launched yesterday the new online service Artprice Classifieds
is already a great success.



More than ever Artprice reinforces its position as real marketplace
alternative by filling the market void between Ebay items and selected
artworks offered at public auctions.



For the first day alone Artprice Classifieds totalizes 1,100 artworks
offered for a total amount of $39 million. While 50% of the artworks at
public auctions are hammered at around $1,600, this median price of artworks
in Artprice Classifieds reaches $4,500.



Among the works advertised by art professionals, lovers, collectors or by
the artists themselves, one can find Pablo Picasso, Marc Chagall, Van Gogh,
Andy Warhol, Damien Hirst, Pierre Soulages, William Klein, Edouard Manet,
Robert Combas, Jeff Koons, Helmut Newton, Arman...



These figures fully meet expectations mentioned in the previous press
release of January 19, 2005: "Artprice and its 900,000 members open a new
standardised art marketplace"



Artprice Classifieds is likely to become the first revenue by the end of
2005.



www.artprice.com



Artprice, the world leader in art market information, lists
over 21 million auction prices and indices covering over 306,000 artists
collected from 2,900 international auction houses. Artprice daily serves the
main financial press titles and agencies with the art market trends.



Artprice is listed on the Euronext Paris: Euroclear: 7478 -
Bloomberg: PRC - Reuters: ARTF




Source: Artprice.com

Pierre Capelle, Tel.: +33-4-78-220 000, E-mail :pcapelle@artprice.com


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