Transaction in Own Shares

Alpha Pyrenees Trust Limited
16 January 2008

16 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 15 January 2008 the Company purchased 5,000,000 ordinary shares
for cancellation at a price of 82 pence per share.

Following the cancellation of these shares the Company will have 117,500,000
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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