Directors' Dealings

Alliance Trust PLC
22 November 1999


DIRECTOR'S INTERESTS IN SECURITIES
----------------------------------

NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. WILLIAM BERRY       

TYPE OF TRANSACTION          REDUCTION IN NON BENERFICIAL INTERESTS
                             (AS TRUSTEE) FOLLOWING RESIGNATION AS
                             TRUSTEE

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    CASTLE STREET NOMINEES LIMITED ACCOUNT 
                             671

NUMBER OF STOCK UNITS        210                  

PRICE PER STOCK UNIT         NOT APPLICABLE - NO TRANSFER OF SHARES

DATE OF TRANSACTION          19 NOVEMBER 1999 

DATE COMPANY INFORMED        19 NOVEMBER 1999 

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             52,745

TOTAL PERCENTAGE             0.10%
OF ISSUED CLASS


THIS NOTIFICATION DOES NOT RELATE TO DEALINGS BY PERSONS OTHERWISE
CONNECTED WITH THE NAMED DIRECTOR.

NAME OF CONTACT AND TELEPHONE NUMBER AS ABOVE

DATE OF NOTIFICATION         22 NOVEMBER 1999