Director Shareholding

Directors' interests in securities
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
£25.9400
Date of transaction
3rd February 2004
Date Company informed
3rd February 2004
Total holdings following this information
2,822
Total percentage of issued class
0.006%

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
£25.9400
Date of transaction
3rd February 2004
Date Company informed
3rd February 2004
Total holdings following this information
1,845
Total percentage of issued class
0.004%

Name of Company
The Alliance Trust PLC
Name of Director
Mr David A 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
£25.9400
Date of transaction
3rd February 2004
Date Company informed
3rd February 2004
Total holdings following this information
1,205
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
3rd February 2004