Director Shareholding

Directors' interests in securities

Name of Company             The Alliance Trust PLC

Name of Director            Mrs Sheila M Ruckley

Type of Transaction         Increase in beneficial interest
                            following purchase of shares
                            (within investment plan pursuant to
                            regular standing order and standing
                            election).

Class of Security           Ordinary stock units of 25p

Name of registered holder   Alliance Trust Savings Nominees
                            Limited

Number of stock units       18

Price per stock unit        £27.4400

Date of transaction         1st February 2005

Date Company informed       2nd February 2005

Total holdings following    2,103
this information

Total percentage of issued  0.004%
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        £27.4400

Date of transaction         1st February 2005

Date Company informed       2nd February 2005

Total holdings following    2,108
this information

Total percentage of issued  0.004%
class



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        £27.4400

Date of transaction         1st February 2005

Date Company informed       2nd February 2005

Total holdings following    3,009
this information

Total percentage of issued  0.006%
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        £27.4400

Date of transaction         1st February 2005

Date Company informed       2nd February 2005

Total holdings following    1,389
this information

Total percentage of issued  0.003%
class


Name of Company             The Alliance Trust PLC

Name of Director            Mr. Alan J Harden

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       4

Price per stock unit        £27.4400

Date of transaction         1st February 2005

Date Company informed       2nd February 2005

Total holdings following    732
this information

Total percentage of issued  0.001%
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        2nd February 2005