RNS Number:9150R
Artemis Alpha Trust PLC
11 November 2003

ARTEMIS ALPHA TRUST PLC (the "Company")

As at close of business on 7 November 2003, the Net Asset Value ("NAV") per

ordinary 1p share of the Company was as follows:


Undiluted NAV per share: 103.44 pence

Fully diluted NAV per share: 100.86 pence



11 NOVEMBER 2003




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