Net Asset Value(s)

Artemis Alpha Trust PLC
06 April 2006

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 5 April 2006, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 219.54 pence

Undiluted NAV per share: 239.11 pence



6 APRIL 2006








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