RNS Number:6210R
Artemis Alpha Trust PLC
03 November 2003

ARTEMIS ALPHA TRUST PLC (the "Company")

As at close of business on 31 October 2003, the Net Asset Value ("NAV") per

ordinary 1p share of the Company was as follows:



Undiluted NAV per share: 101.25 pence

Fully diluted NAV per share: 99.03 pence



3 NOVEMBER 2003







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