Net Asset Value(s)

Artemis Alpha Trust PLC
12 February 2007

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 9 February, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 224.88 pence

Undiluted NAV per share: 245.59 pence



12 FEBRUARY 2007








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