Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               |
+------------------------------------------------------------------------------+

+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |                               |
|issuer                                        |    The Alliance Trust PLC     |
|of existing shares to which voting rights are |                               |
|attached: ii                                  |                               |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of voting rights                      |    Yes     |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of qualifying financial instruments   |            |
|which may result in the acquisition of shares already issued to  |     No     |
|which voting rights are attached                                 |            |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of instruments with similar economic  |     No     |
|effect to qualifying financial instruments                       |            |
+-----------------------------------------------------------------+------------+
|An event changing the breakdown of voting rights                 |     No     |
+-----------------------------------------------------------------+------------+
|Other (please specify):                                          |     No     |
+--------------------------------------+--------------------------+------------+
|3. Full name of person(s) subject to  | Elliott International, L.P, Liverpool |
|the                                   |            Ltd Partnership            |
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                  N/A                  |
|(if different from 3.):iv             |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |            29th March 2011            |
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |            31st March 2011            |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|                  3%                   |
|reached: vi, vii                      |                                       |
+--------------------------------------+---------------------------------------+

+---------------------------------------------------------------------------------+
|8. Notified details:                                                             |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix                                     |
+------------+---------------------+----------------------------------------------+
|Class/type  |Situation previous   |Resulting situation after the triggering      |
|of          |to the triggering    |transaction                                   |
|shares      |transaction          |                                              |
|            +---------+-----------+----------+-------------------+---------------+
|if possible |Number   |Number     |Number    |Number of voting   |% of  voting   |
|using       |of       |of         |of shares |rights             |rights x       |
|the ISIN    |  ares   |Vo ing     +----------+----------+--------+------+--------+
|CODE        |         |Rights     |Direct    |Direct xi |Indirect|Direct|Indirect|
|            |         |           |          |          |xii     |      |        |
+------------+---------+-----------+----------+----------+--------+------+--------+
|            |         |           |          |          |        |      |        |
|GB00B11V7W98|0        |0          |20,259,667|20,259,667|        |3.081%|        |
|            |         |           |          |          |        |      |        |
+------------+---------+-----------+----------+----------+--------+------+--------+

+---------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                              |
+---------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                             |
+--------------+----------+--------------------+--------------------+-------------+
|Type of       |Expiration|Exercise/           |Number of voting    |% of voting  |
|financial     |date xiii |Conversion Period   |rights that may be  |rights       |
|instrument    |          |xiv                 |acquired if the     |             |
|              |          |                    |instrument is       |             |
|              |          |                    |exercised/          |             |
|              |          |                    |converted.          |             |
+--------------+----------+--------------------+--------------------+-------------+
|              |          |                    |                    |             |
+--------------+----------+--------------------+--------------------+-------------+

+---------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial    |
|Instruments xv, xvi                                                              |
+---------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                             |
+-------------+--------+----------+-----------+--------------------+--------------+
|Type of      |Exercise|Expiration|Exercise/  |Number of voting    |% of voting   |
|financial    |price   |date xvii |Conversion |rights instrument   |rights xix, xx|
|instrument   |        |          |period     |refers to           |              |
|             |        |          |xviii      |                    |              |
+-------------+--------+----------+-----------+--------------------+-------+------+
|             |        |          |           |                    |Nominal|Delta |
|             |        |          |           |                    +-------+------+
|             |        |          |           |                    |       |      |
|             |        |          |           |                    |       |      |
+-------------+--------+----------+-----------+--------------------+-------+------+
|CFD over     |        |          |           |                    |       |      |
|Ordinary     |        |          |           |0                   |0%     |      |
|Shares       |        |          |           |                    |       |      |
|GB00B11V7W98 |        |          |           |                    |       |      |
+-------------+--------+----------+-----------+--------------------+-------+------+
|             |        |          |           |                    |       |      |
|             |        |          |           |                    |       |      |
+-------------+--------+----------+-----------+--------------------+-------+------+


+---------------------------------------------------------------------------------+
|Total (A+B+C)                                                                    |
+-----------------------------------+---------------------------------------------+
|Number of voting rights            |Percentage of voting rights                  |
+-----------------------------------+---------------------------------------------+
|20,259,667                         |3.081%                                       |
+-----------------------------------+---------------------------------------------+

+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the                                                                       |
|financial instruments are effectively held, if applicable: xxi            |
+--------------------------------------------------------------------------+
|Holding consists of the following positions:                              |
|Shares - GB00B11V7W98                                                     |
|Ordinary shares - 20,259,667 shares                                       |
|                                                                          |
|                                                                          |
|Total equivalent ords  =  20,259,667                                      |
|                                                                          |
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|Proxy Voting:                                                             |
+-------------------------------------------------+------------------------+
|10. Name of the proxy holder:                    |                        |
+-------------------------------------------------+------------------------+
|11. Number of voting rights proxy holder will    |                        |
|cease                                            |                        |
|to hold:                                         |                        |
+-------------------------------------------------+------------------------+
|12. Date on which proxy holder will cease to hold|                        |
|voting rights:                                   |                        |
+-------------------------------------------------+------------------------+

+-----------------------------+--------------------------------------------+
|                             |                                            |
|13. Additional information:  |                                            |
+-----------------------------+--------------------------------------------+
|14. Contact name:            |               Charles Eckley               |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|               0203 009 1135                |
+-----------------------------+--------------------------------------------+









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Source: Alliance Trust PLC via Thomson Reuters ONE

[HUG#1502380]