Director Shareholding

Alliance Trust PLC
15 March 2001


Directors' interests in securities

Name of Company     The Alliance Trust PLC

Name of Director    Mr Gavin R. Suggett

Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by spouse.

Class of Security   Ordinary stock units of 25p

Name of registered  Alliance Trust Savings Nominees Limited
holder

Number of stock     39
units

Price per stock     £32.0000
unit

Date of transaction 14th March 2001

Date Company        15th March 2001
informed

Total holdings      11,384
following this
information

Total percentage of 0.02%
issued class


Name of Company     The Alliance Trust PLC

Name of Director    Mr Alan M W Young

Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by self and spouse.

Class of Security   Ordinary stock units of 25p

Name of registered  Alliance Trust Savings Nominees Limited
holder

Number of stock     62 (31 self, 31 spouse)
units

Price per stock     £32.0000
unit

Date of transaction 14th March 2001

Date Company        15th March 2001
informed

Total holdings      2,342
following this
information

Total percentage of 0.005%
issued class

This notification does not relate to dealings by persons otherwise connected
with the named director.

Name of contact     Mr Ian Goddard

Telephone Number    01382 201700

Date of             15th March 2001
notification