Director/PDMR Shareholding

Alliance Trust PLC

Long Term Incentive Scheme Award

Katherine Garrett-Cox, Director, was today granted an award under the Alliance

Trust PLC Long Term Incentive Plan (2007) (the "2007 LTIP").

The award under the 2007 LTIP, granted over Alliance Trust PLC Ordinary 2.5p

shares, comprises a Performance Award. The award is made subject to a

comparative TSR performance condition.

It is anticipated that when the award vests, it will be settled in shares
although the 2007 LTIP permits the award to be settled in cash. There is no
payment required by the participant to allow vesting of the award.

The initial Market Value of the award, determined in accordance with the rules
of the 2007 LTIP, was 274p per share.

The award made is as follows:

Name of Director            Performance       Comprised                        Normal date  
                                                                                            
                               Award          in Option      Date of Grant     of vesting   
                                                                                            
------------------------ ------------------ -------------- ----------------- ---------------
                                                                                            
Katherine Garrett-Cox          Option          295,620        25 June 2009     25 June 2012  

For further information please contact:

Name of contact       Mr. Donald McPherson                            
                                                                      
Telephone Number      [phone]                              
                                                                      
Date of notification  25 June 2009