Director Shareholding

Alliance Trust PLC
06 February 2003


Director's interests in securities

Name of Company                              The Alliance Trust PLC

Name of Director                             Mr David A. Deards

Type of Transaction                          Increase in beneficial interest following purchase of shares
                                             (within Pension Plan pursuant to regular standing order and
                                             standing election).

Class of Security                            Ordinary stock units of 25p

Name of registered holder                    Alliance Trust Savings Nominees Limited

Number of stock units                        52

Price per stock unit                         £21.5200

Date of transaction                          5th February 2003

Date Company informed                        6th February 2003

Total holdings following this information    1,091

Total percentage of issued class             0.002%





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

Name of contact                              Mr Ian Goddard

Telephone Number                             01382 201700

Date of notification                         6th February 2003




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