Director Shareholding

Alliance Trust PLC
06 December 2002


Directors' interests in securities

Name of Company                              The Alliance Trust PLC

Name of Director                             Mr Gavin R. Suggett

Type of Transaction                          Reduction in non-beneficial interest following sale of
                                             shares within Investment Plan by 2 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                        708

Price per stock unit                         £23.2000

Date of transaction                          5th December 2002

Date Company informed                        6th December 2002

Total holdings following this information    12,972

Total percentage of issued class             0.03%

Name of Company                              The Alliance Trust PLC

Name of Director                             Mrs Sheila M. 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                        3

Price per stock unit                         £23.2000

Date of transaction                          5th December 2002

Date Company informed                        6th December 2002

Total holdings following this information    1,582

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                         6th December 2002


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