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        £25.13

Date of transaction         2 June 2004

Date Company informed       2 June 2004

Total holdings following    2,932
this information

Total percentage of issued  0.006%
class


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        £25.13

Date of transaction         2 June 2004

Date Company informed       2 June 2004

Total holdings following    1,948
this information

Total percentage of issued  0.004%
class


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        £25.13

Date of transaction         2 June 2004

Date Company informed       2 June 2004

Total holdings following    1,322
this information

Total percentage of issued  0.003%
class



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        2 June 2004