Director Shareholding

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 partnership
                                               and dividend shares
                                               (pursuant to regular
                                               standing instruction)
                                               within The Alliance Trust
                                               PLC Share Incentive Plan.
Class of Security                              Ordinary stock units of
                                               25p
Name of registered holder                      Alliance Trust Savings
                                               Nominees Limited
Number of stock units                          8 (5 partnership, 3
                                               dividend)
Price per stock unit                           £24.35
Date of transaction                            6th May 2003
Date Company informed                          6th May 2003
Total holdings following this information      12,372
Total percentage of issued class               0.02%
                                               
                                               
Name of Company                                The Alliance Trust PLC
Name of Director                               Mr Alan M. W. Young
Type of Transaction                            Increase in beneficial
                                               interest following
                                               purchase of partnership
                                               and dividend shares
                                               (pursuant to regular
                                               standing instruction)
                                               within The Alliance Trust
                                               PLC Share Incentive Plan.
Class of Security                              Ordinary stock units of
                                               25p
Name of registered holder                      Alliance Trust Savings
                                               Nominees Limited
Number of stock units                          8 (5 partnership, 3
                                               dividend)
Price per stock unit                           £24.35
Date of transaction                            6th May 2003
Date Company informed                          6th May 2003
Total holdings following this information      2,703
Total percentage of issued class               0.005%
                                               
                                               
Name of Company                                The Alliance Trust PLC
Name of Director                               Mrs Sheila M. Ruckley
Type of Transaction                            Increase in beneficial
                                               interest following
                                               purchase of partnership
                                               and dividend shares
                                               (pursuant to regular
                                               standing instruction)
                                               within The Alliance Trust
                                               PLC Share Incentive Plan.
Class of Security                              Ordinary stock units of
                                               25p
Name of registered holder                      Alliance Trust Savings
                                               Nominees Limited
Number of stock units                          8 (5 partnership, 3
                                               dividend)
Price per stock unit                           £24.35
Date of transaction                            6th May 2003
Date Company informed                          6th May 2003
Total holdings following this information      1,754
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                           7th May 2003