Director Shareholding

Alliance Trust PLC
28 November 2002


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.

                                             Increase in non-beneficial interest following purchase of
                                             shares (within Investment Plan pursuant to regular standing
                                             order and standing election) by two trusts of which the
                                             director is a trustee.
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        88 (1 spouse, 87 trustee)
Price per stock unit                         £23.0000
Date of transaction                          27th November 2002
Date Company informed                        28th November 2002
Total holdings following this information    13,675
Total percentage of issued class             0.03%



Name of Company                              The Alliance Trust PLC
Name of Director                             Mrs Sheila Ruckley
Type of Transaction                          Increase in beneficial interest following purchase of shares
                                             (within PEP pursuant to regular standing order and standing
                                             election) by self.
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        1
Price per stock unit                         £23.0000
Date of transaction                          27th November 2002
Date Company informed                        28th November 2002
Total holdings following this information    1,574
Total percentage of issued class             0.003%
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 notification                         28th November 2002


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