RNS Number:6406T
Artemis Alpha Trust PLC
23 December 2003

 ARTEMIS ALPHA TRUST PLC (the "Company")

 As at close of business on 19 December 2003, the Net Asset Value ("NAV") per

ordinary 1p share of the Company was as follows:



Undiluted NAV per share: 109.01 pence

Fully diluted NAV per share: 106.63 pence



23 DECEMBER 2003








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