Director/PDMR Shareholding

Artemis Alpha Trust PLC
02 May 2006


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS



1. Name of the issuer
ARTEMIS ALPHA TRUST PLC

2. State whether the notification relates to:-

(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

(i) - IN RESPECT OF THE INTEREST OF MR ANDREW DALRYMPLE

3. Name of person discharging managerial responsibilities/director
ANDREW DALRYMPLE

4. State whether the notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person
NO

5. Indicate whether notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
BENEFICIAL

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
ORDINARY SHARES OF 1 PENCE EACH

7. Name of the registered shareholder(s) and, if more than one, the number of
shares held by each of them
ANDREW DALRYMPLE

8. State the nature of the transaction
PURCHASE

9. Number of shares, debentures or financial instruments relating to shares
acquired
20,000 SHARES

10. Percentage of issued class acquired
0.06%

11. Number of shares, debentures or financial instruments relating to shares
disposed
N/A

12. Percentage of issued class disposed
N/A

13. Price per share or value of transaction
2.38 PENCE PER SHARE

14. Date and place of transaction
28 APRIL 2006 (UK)

15. Date issuer informed of transaction
28 APRIL 2006

16. Total holding following this notification and total percentage holdings
following notification
78,000 ORDINARY SHARES OF 1 PENCE EACH.

TOTAL PERCENTAGE HOLDING = 0.23%

17. Name of contact and telephone number for queries
NICHOLAS JARRETT - 020 7 410 4186

18. Name and signature of authorised company official responsible for making
this notification
NICHOLAS JARRETT, FOR AND ON BEHALF OF BNP PARIBAS SECRETARIAL SERVICES LIMITED,
COMPANY SECRETARY TO ARTEMIS ALPHA TRUST PLC

19. Date of Notification
2 MAY 2006


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