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 shares (within ISA pursuant to
                                     regular standing order and 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                46
                                     
Price per stock unit                 £26.7250
                                     
Date of transaction                  20th August 2003
                                     
Date Company informed                21st August 2003
                                     
Total holdings following this        12,745
information

Total percentage of issued class     0.03%
                                     
                                     
Name of Company                      The Alliance Trust PLC
                                     
Name of Director                     Mrs Lesley M S Knox
                                     
Type of Transaction                  Increase in beneficial interest following
                                     purchase of shares (within ISA pursuant to
                                     regular standing order and 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                11
                                     
Price per stock unit                 £26.7250
                                     
Date of transaction                  20th August 2003
                                     
Date Company informed                21st August 2003
                                     
Total holdings following this        654
information

Total percentage of issued class     0.001%
                                     
                                     
                                     
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        22nd August 2003