Director Shareholding

Alliance Trust PLC
9 January 2002


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   £29.60
unit

Date of           8 January 2002
transaction

Date Company      9 January 2002
informed

Total holdings    12,181
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   £29.60
unit

Date of           8 January 2002
transaction

Date Company      9 January 2002
informed

Total holdings    2,484
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   £29.60
unit

Date of           8 January 2002
transaction

Date Company      9 January 2002
informed

Total holdings    1,432
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           9 January 2002
notification