Half Yearly Report

5 September 2014

ALPHA PYRENEES TRUST LIMITED (THE "COMPANY" OR THE "TRUST")

HALF YEAR REPORT AND FINANCIAL STATEMENTS

Further to the Company's results announcement dated 15 August 2014, the Directors confirm that the half year report and financial statements of the Company for the six month period ended 30 June 2014 have today been published on the Company's website.

Copies of the Company's half year report and financial statements are available for inspection on the National Storage Mechanism at www.hemscott.com/nsm.do and will shortly be available on the Company's website: www.alphapyreneestrust.com.

For further information contact:

Dick Kingston

Chairman, Alpha Pyrenees Trust Limited, +44 (0) 1481 231100

Paul Cable

Fund Manager, Alpha Real Capital LLP, +44 (0) 20 7391 4700

For more information on the Company please visit www.alphapyreneestrust.com