Top 10 Holdings as at 30 April 2007

Alliance Trust PLC

Alliance Trust PLC declares that its ten largest investments as at 30 April
2007 were:

Company                                                  Total     % of
                                                                       
                                                    Investment      Net
                                                                       
                                                            £m   Assets
                                                                       
ALLIANCE TRUST REAL ESTATE PARTNERSHIP                    84.9      2.9
                                                                       
BP PLC                                                    73.7      2.5
                                                                       
GLAXOSMITHKLINE PLC                                       62.9      2.1
                                                                       
ROYAL DUTCH SHELL                                         59.2      2.0
                                                                       
HSBC HOLDINGS                                             54.1      1.8
                                                                       
ROYAL BANK OF SCOTLAND                                    53.6      1.8
                                                                       
VODAFONE                                                  45.0      1.5
                                                                       
LLOYDS TSB                                                43.1      1.5
                                                                       
PREMIER ALLIANCE TRUST ASIA PACIFIC FUND                  39.0      1.3
                                                                       
PREMIER ALLIANCE TRUST JAPAN FUND                         34.0      1.2

There is no single investment with a value in excess of 5% of net assets.

Name of contact                         Mr. Ian Anderson                       
                                                                               
Telephone Number                        [phone]                     
                                                                               
Date of notification                    2 May 2007