Director Shareholding

Alliance Trust PLC
5 September 2001


Directors' interests in securities
Name of Company   The Alliance Trust PLC
Name of Director  Mr Gavin R. Suggett
Type of           Increase in beneficial interest following purchase of
Transaction       partnership shares (pursuant to regular standing instruction)
                  within The Alliance Trust PLC All Employee Share Ownership
                  Plan.
Class of Security Ordinary stock units of 25p
Name of           Alliance Trust Savings Nominees Limited
registered holder
Number of stock   4
units
Price per stock   £30.4500
unit
Date of           4th September 2001
transaction
Date Company      5th September 2001
informed
Total holdings    11,702
following this
information
Total percentage  0.02%
of issued class


Name of Company   The Alliance Trust PLC
Name of Director  Mr Alan M W Young
Type of           Increase in beneficial interest following purchase of
Transaction       partnership shares (pursuant to regular standing instruction)
                  within The Alliance Trust PLC All Employee Share Ownership
                  Plan.
Class of Security Ordinary stock units of 25p
Name of           Alliance Trust Savings Nominees Limited
registered holder
Number of stock   4
units
Price per stock   £30.4500
unit
Date of           4th September 2001
transaction
Date Company      5th September 2001
informed
Total holdings    2,444
following this
information
Total percentage  0.005%
of issued class


Name of Company   The Alliance Trust PLC
Name of Director  Mrs Sheila M Ruckley
Type of           Increase in beneficial interest following purchase of
Transaction       partnership shares (pursuant to regular standing instruction)
                  within The Alliance Trust PLC All Employee Share Ownership
                  Plan.
Class of Security Ordinary stock units of 25p
Name of           Alliance Trust Savings Nominees Limited
registered holder
Number of stock   4
units
Price per stock   £30.4500
unit
Date of           4th September 2001
transaction
Date Company      5th September 2001
informed
Total holdings    1,403
following this
information
Total percentage  0.003%
of issued class

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

Name of contact   Mr Ian Goddard
Telephone Number  01382 201700
Date of           5th September 2001
notification