Net Asset Value(s)

Artemis Alpha Trust PLC
02 January 2008

ARTEMIS ALPHA TRUST PLC (the 'Company')

As at close of business on 31 December 2007, the Net Asset Value ('NAV') per

ordinary 1p share of the Company was as follows:



Diluted NAV per share: 223.92 pence

Undiluted NAV per share: 244.44 pence



2 JANUARY 2008




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