Holding(s) in Company

Artemis Alpha Trust PLC
22 December 2004


ARTEMIS ALPHA TRUST PLC (the 'Company')

Substantial shareholder

The Company has been notified that Murray Beith Murray Asset Management,
holds, as discretionary manager on behalf of its clients, 1,922,687 ordinary 1p
shares in the Company, representing 6.28% of the Company's issued share capital.


BNP Paribas Secretarial Services Limited

Secretary

22 December 2004












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