Top Ten Holdings

Artemis Alpha Trust PLC
02 August 2007


ARTEMIS ALPHA TRUST PLC (the 'Company')

TEN LARGEST INVESTMENTS


In accordance with Listing Rule 15.4.11R(2), the Company announces that at 31
July 2007,

the ten largest investments in its portfolio were as follows:

Company                                                                          Percentage of gross
                                                                                              assets

ARTEMIS INV MGMT                                                                                5.34
SALAMANDER ENERGY                                                                               3.70
ARICOM ORD                                                                                      3.27
VOSTOK ENERGY COM                                                                               3.06
REDHALL GROUP                                                                                   2.73
GEIGER COUNTER GBP NPV                                                                          2.68
REA HLDGS 7.5% NTS                                                                              2.65
REVUS ENERGY                                                                                    2.62
GEOPARK HOLDINGS COM                                                                            2.42
ENTERPRISE INNS                                                                                 2.21


BNP Paribas Secretarial Services Limited

2 AUGUST 2007


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