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
                                     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                5
                                     
Price per stock unit                 £27.4500
                                     
Date of transaction                  2nd September 2003
                                     
Date Company informed                2nd September 2003
                                     
Total holdings following this        12,824
information

Total percentage of issued class     0.03%
                                     
                                     
Name of Company                      The Alliance Trust PLC
                                     
Name of Director                     Mr Alan Young
                                     
Type of Transaction                  Increase in beneficial interest
                                     following purchase of partnership
                                     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                5
                                     
Price per stock unit                 £27.4500
                                     
Date of transaction                  2nd September 2003
                                     
Date Company informed                2nd September 2003
                                     
Total holdings following this        2,765
information

Total percentage of issued class     0.005%
                                     
                                     
Name of Company                      The Alliance Trust PLC
                                     
Name of Director                     Mrs Sheila Ruckley
                                     
Type of Transaction                  Increase in beneficial interest
                                     following purchase of partnership
                                     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                5
                                     
Price per stock unit                 £27.4500
                                     
Date of transaction                  2nd September 2003
                                     
Date Company informed                2nd September 2003
                                     
Total holdings following this        1,798
information

Total percentage of issued class     0.004%
                                     
                                     
Name of Company                      The Alliance Trust PLC
                                     
Name of Director                     Mr David Alun Deards
                                     
Type of Transaction                  Increase in beneficial interest
                                     following purchase of partnership
                                     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                5
                                     
Price per stock unit                 £27.4500
                                     
Date of transaction                  2nd September 2003
                                     
Date Company informed                2nd September 2003
                                     
Total holdings following this        1,114
information

Total percentage of issued class     0.002%
                                     
                                     
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                 2nd September 2003