Directors' Dealings

Alliance Trust PLC
22 March 2000


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

NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. WILLIAM BERRY    

TYPE OF TRANSACTION          REDUCTION IN NON-BENEFICIAL INTERESTS
                             FOLLOWING RESIGNATION AS TRUSTEE

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDERS   CASTLE STREET NOMINEES LIMITED,         
                             ACCOUNT 166

NUMBER OF STOCK UNITS        360
         
PRICE PER STOCK UNIT         NOT APPLICABLE - NO TRANSFER OF SHARES

DATE OF TRANSACTION          22 MARCH 2000

DATE COMPANY INFORMED        22 MARCH 2000     

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             43,183

TOTAL PERCENTAGE             0.09%
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 MARCH 2000