RNS Number:1216R
Artemis Alpha Trust PLC
21 October 2003

 ARTEMIS ALPHA TRUST PLC (the "Company")

 As at close of business on 17 October 2003, the Net Asset Value ("NAV") per

ordinary 1p share of the Company was as follows:



Undiluted NAV per share: 101.06 pence



21 OCTOBER 2003







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