Net Asset Value(s)

Artemis Alpha Trust PLC
05 October 2007

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 4 October 2007, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 217.32 pence

Undiluted NAV per share: 236.51 pence



5 OCTOBER 2007




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