Director Shareholding

Alliance Pharma PLC
28 February 2005

For immediate release: 28th February 2005





                              ALLIANCE PHARMA PLC

                         ('Alliance' or 'the Company')

                           DIRECTOR'S SHARE DEALING



On 22nd February 2005, Paul Ransom, a non-executive Director of Alliance Pharma
plc, purchased 48,000 shares at 15.5p.  The purchase represents the total amount
of his holding in the Company.



                                    - ends -





For further information please contacts:



Alliance Pharma plc
John Dawson, CEO
01249 466966



Beattie Financial
Mike Wort/John Moriarty
020 7398 3300




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