Net Asset Value(s)

Artemis Alpha Trust PLC
03 February 2006

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 2 February 2006, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 207.41 pence

Undiluted NAV per share: 224.82 pence



3 FEBRUARY 2006








                      This information is provided by RNS
            The company news service from the London Stock Exchange