Half Yearly Report Posted

3 September 2012

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

HALF YEAR REPORT POSTED

Further to the Company's Half year results announcement dated 16 August 2012, the Directors of Alpha Pyrenees confirm that the Half year report of the Company for the period ended 30 June 2012 was posted to shareholders on 31 August 2012.

A copy of the Half year report has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do .

Copies of the Half year report can be downloaded from Alpha Pyrenees' website at www.alphapyreneestrust.com .

Contact:

Dick KingstonChairman, Alpha Pyrenees Trust Limited01481 231100Paul CableFund Manager, Alpha Real Capital LLP020 7268 0300

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

For more information on the Trust's Investment Manager please visit www.alpharealcapital.com.