Net Asset Value(s)

Artemis Alpha Trust PLC
04 July 2007

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 3 July 2007, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 227.30 pence

Undiluted NAV per share: 248.50 pence



4 JULY 2007




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