The Alliance Trust PLC
Investments in Investment Companies
As required by rule 21.20(l)(i) of the Listing Rules, The Alliance Trust
PLC discloses that, as at 31 December 2003, it held an investment valued
at £283,414 in the 4.5% Cumulative Preference Stock of The Second
Alliance Trust PLC.
For further information contact Ian Goddard, Company Secretary on 01382
201700.
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