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 ISA pursuant to
                             regular standing order and ststanding
                             election).

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         27.7000

Date of transaction          22nd October 2003

Date Company informed        23rd October 2003

Total holdings following     702
this information

Total percentage of issued   0.001%
class


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         23rd October 2003