Director Shareholding

Alliance Trust PLC
15 December 2000

Director's interest in securities and Director's Declaration of Business
Activity

Further to the announcement made on 29 November 2000 that Mr. William H. Jack
(Bill Jack) had been appointed a director, the following information is given
pursuant to the requirements of paragraph 16.4 of the Listing Rules.

Mr. Jack has not previously held a directorship of a publicly quoted company.

There is no information to be disclosed pursuant to the requirements of
paragraph 6.F.2 (b) to (g) of the Listing Rules.

On appointment Mr. Jack was the beneficial owner of 1,000 stock units which he
purchased on 29 November 2000 and which were registered on 13 December 2000.
The details of the purchase transaction are:

Class of Security                          Ordinary stock units of 25p

Name of Registered Holder                  Mr. William Henderson Jack

Number of Stock Units                      1,000

Price per Stock Unit                       £32.65

Date of Transaction                        29 November 2000

Date Company Informed                      14 December 2000

Total Holdings                             1,000

Total percentage of issued class                                         0.002%

The Company apologises for the late announcement of this information.

Name of Contact                            Mr. Ian Goddard
Telephone No.                              01382 201700
Date of Notification                       15 December 2000