Director Shareholding

Alliance Trust PLC
17 July 2002


Director's interests in securities

Name of Company                              The Alliance Trust PLC

Name of Director                             Mr William Berry

Type of Transaction                          Reduction in non-beneficial interest following sale of shares
                                             by trust of which director is a trustee.

Class of Security                            Ordinary stock units of 25p

Name of registered holder                    P O Nominees Limited a/c 007189

Number of stock units                        3,100

Price per stock unit                         £25.56

Date of transaction                          12th July 2002

Date Company informed                        17th July 2002

Total holdings following this information    7,137

Total percentage of issued class             0.01%

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


Name of contact                              Mrs Eliz Lee

Telephone Number                             01382 201700

Date of notification                         17th July 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange