Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Monday, 30 June 2008, the unaudited net asset value
per ordinary share of 2.5p, valued on a bid price basis:

1) excluding income after tax, interest and management expenses arising, of 6p
per ordinary share is 392p, and

2) including income after tax, interest and management expenses arising is 398p

For further information, please contact:-

Donald McPherson              
                            
Alliance Trust PLC            
                              
Tel. [phone]