Director Shareholding

Director's interests in securities

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 Pension Plan pursuant to
                                   regular standing order and standing
                                   election).

Class of Security                  Ordinary stock units of 25p

Name of registered holder          Alliance Trust Savings Nominees
                                   Limited

Number of stock units              9

Price per stock unit               £26.5400

Date of transaction                12th November 2003

Date Company informed              13th November 2003

Total holdings following this      713
information

Total percentage of issued class   0.001%



This notification does not relate to dealings by persons otherwise
connected with the named director.



Name of contact                    Mr Ian Goddard

Telephone Number                   01382 201700

Date of notification               13th November 2003