Directorate Change

9 October 2018

LEI: 213800BMY95CP6CYXK69

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

Alpha Real Trust announces the appointment of William Simpson as Non-Executive Director on 8 October 2018.

William has around 30 years' experience as a lawyer in financial services, 28 of them in Guernsey.

William's focus has been on regulated and unregulated investment vehicles, encompassing banking, finance, corporate, investment, trust and regulatory work.  William is also a director of a wide range of other financial services companies, including investment, fiduciary and insurance companies.

William studied law at Leeds University and practised at the Bar in England before moving to the Cayman Islands and then the British Virgin Islands. William was a partner at Ozannes, now Mourant Ozannes, and then managing partner of Ogier Guernsey, during which time he also served on the Ogier Group board. In 2017 William became an independent legal consultant and remains a director of a number of Guernsey based financial services companies.  William is a member of the English, Virgin Islands and Guernsey Bars and is also a member of The Society of Trust and Estate Practitioners.

The Board also announces the resignation of Serena Tremlett effective 8 October 2018 and wishes to thank Ms Tremlett for her service to the Company since its inception in 2006.

For further information please contact:

Alpha Real Trust Limited

David Jeffreys, Chairman, Alpha Real Trust                       +44 (0) 1481 231 100

Brad Bauman, Joint Fund Manager, Alpha Real Trust        +44 (0) 20 7391 4700

Panmure Gordon, Broker to the Company

Richard Gray / Andrew Potts                                               +44 (0) 20 7886 2500

Registered office: Old Bank Chambers, La Grande Rue, St Martin's, Guernsey, GY4 6RT

Alpha Real Trust Limited is advised by Alpha Real Capital LLP, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom.