Net Asset Value(s)

Artemis Alpha Trust PLC
23 October 2006

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 20 October 2006, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 193.50 pence

Undiluted NAV per share: 208.36 pence



23 OCTOBER 2006








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