Transaction in Own Shares

Alpha Pyrenees Trust Limited
15 January 2008


15 January 2008


Alpha Pyrenees Trust Limited


Transaction in own shares

Alpha Pyrenees Trust Limited (the 'Company') announces that, pursuant to its
authority granted by shareholders of the Company to make market purchases of its
own shares, on 14 January 2008 the Company purchased 4,500,000 ordinary shares
for cancellation at an average price of 82 pence per share.

Following the cancellation of these shares the Company will have 122,500,000
ordinary shares in issue.

For further information:


Dick Kingston, Chairman, Alpha Pyrenees Trust Limited           01481 715 601


Paul Cable, Fund Manager, Alpha Real Capital LLP                020 7591 1635


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



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