Appointment of independent non-executive Director

 ARTEMIS ALPHA TRUST PLC (the 'Company')

Appointment of independent non-executive Director

The Board of Directors of the Company is pleased to announce the appointment of Mr Jamie Korner as an independent non-executive Director of the Company with effect from 6 April 2017.

Jamie is a partner of Stanhope Capital LLP. A Cambridge graduate, he joined Inchcape in 1978 and worked both overseas and in the UK, following a period in farming. After working at stockbroker Fielding Newson Smith and as a manager of institutional funds at M&G, he moved to Newton Investment Management in 1995. He led the charity and smaller institutional business of Newton until his retirement in 2011. He is a non-executive director of Henderson Alternative Strategies Trust plc, a trustee of the Foyle Foundation and other charities as well as an adviser to other institutions in the arts and education fields.

As at the date of his appointment, Mr Korner was the beneficial owner of 10,000 ordinary shares of 1 penny each in the Company.

There are no other details to be disclosed under paragraph 9.6.13 of the Listing Rules of the UK Listing Authority.

For further information, please contact:

Artemis Fund Managers LimitedCompany SecretaryTelephone: 0131 225 7300