Artemis Alpha Trust plc (the "Company")

Cancellation of Ordinary Shares from Treasury

The Board of the Company announces that it has cancelled from treasury 551,000 Ordinary shares of 1 pence each.

Following the cancellation, the Company's issued share capital comprises 42,351,681 Ordinary shares, of which 1,223,706 are held in treasury and 6,859,138 Subscription shares (which carry no voting rights). Therefore the total number of shares with voting rights in the Company will be 41,127,975 Ordinary shares.  

Total Voting Rights

The above figure (41,127,975) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information, please contact:

Artemis Fund Managers Limited

Company Secretary

Telephone: 0131 225 7300

24 March 2017