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 non-beneficial interest
                            following purchase of shares (within
                            Investment Plan pursuant to regular standing
                            election) by three 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       114
                            
Price per stock unit        £23.9700xd
                            
Date of transaction         30th April 2003
                            
Date Company informed       1st May 2003
                            
Total holdings following    12,364
this information

Total percentage of issued  0.02%
class                       

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 election) by self.
                            
Class of Security           Ordinary stock units of 25p
                            
Name of registered holder   Alliance Trust Savings Nominees Limited
                            
Number of stock units       4
                            
Price per stock unit        £23.9700xd
                            
Date of transaction         30th April 2003
                            
Date Company informed       1st May 2003
                            
Total holdings following    1,746
this information            

Total percentage of issued  0.003%
class                       

                            
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        1st May 2003