Directorate Change

ALLIANCE TRUST PLC

Directorate Change

Alliance Trust PLC is pleased to announce the appointment of Katherine
Garrett-Cox as Chief Executive to succeed Alan Harden who, as announced on 9
July 2008, is resigning from the Company to take up an external appointment.

Katherine Garrett-Cox is currently the Chief Investment Officer of Alliance
Trust, having joined the Company in May 2007 from Morley Fund Management where
she held the same role. She will take up the position of Chief Executive at the
meeting of the Board of Directors to be held on 29 August 2008, on which date
Alan Harden will also stand down as a director of the Company.

Lesley Knox, Chairman, said:

"Katherine has played an integral role on the Board since she joined us last
year and has already made significant steps to modernise Alliance Trust's
investment process in her current role. The Board and I are delighted that we
have such a worthy successor to Alan within our management team. Her
appointment underlines our continuing commitment to delivering superior returns
for shareholders through an ever-sharper focus on investment performance."

Katherine Garrett-Cox said:

"Alliance Trust has an enviable reputation based upon its long-term track
record of global equity investment and I am fortunate to have the opportunity
to reinforce this tradition. As an investment company we will continue to seek
opportunities to create value for shareholders, both in our core assets as well
as through the development of our own financial services and asset management
businesses."

For further information please       
contact:                             
                                     
Alliance Trust PLC                   
                                     
Amy Fisher                           
                                     
07918 766490 (Mobile)