Director Shareholding

The Alliance Trust PLC

Director's interest in securities and Director's Declaration of Business
Activity

Further to the announcement made on 12 December 2003 that Mr. Alan J.
Harden had been appointed a director, the following information is given
pursuant to the requirements of paragraph 16.4 of the Listing Rules.

Mr. Harden has not previously held a directorship of a publicly quoted
company.

There is no information to be disclosed pursuant to the requirements of
paragraph 6.F.2 (b) to (g) of the Listing Rules.

On appointment at 1 January 2004 Mr. Harden was the beneficial owner of
76 ordinary stock units.