RNS Number:3079T
Artemis Alpha Trust PLC
16 December 2003

 ARTEMIS ALPHA TRUST PLC (the "Company")

 As at close of business on 12 December 2003, the Net Asset Value ("NAV") per

ordinary 1p share of the Company was as follows:



Undiluted NAV per share: 109.19 pence

Fully diluted NAV per share: 105.65 pence



16 DECEMBER 2003








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

NAVFQLFFXLBZFBF