Director Shareholding

Director's interests in securities

Name of Company             The Alliance Trust PLC

Name of Director            Mr William Gordon McQueen

Type of Transaction         Increase in beneficial interest
                            following purchase of shares by
                            self.

Class of Security           Ordinary stock units of 25p

Name of registered holder   Alliance Trust Savings Nominees
                            Limited

Number of stock units       200

Price per stock unit        £25.10

Date of transaction         22nd June 2004

Date Company informed       23rd June 2004

Total holdings following    200
this information

Total percentage of issued  0.0004%
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        24th June 2004