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        £25.2000
                            
Date of transaction         1st July 2003
                            
Date Company informed       1st July 2003
                            
Total holdings following    12,591
this information

Total percentage of issued  0.02%
class                       

                            
                            
                            
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
                            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        £25.2000
                            
Date of transaction         1st July 2003
                            
Date Company informed       1st July 2003
                            
Total holdings following    2,753
this information

Total percentage of issued  0.005%
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 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        £25.2000
                            
Date of transaction         1st July 2003
                            
Date Company informed       1st July 2003
                            
Total holdings following    1,781
this information

Total percentage of issued  0.004%
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        2nd July 2003