Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Wednesday, 11 July 2007, the unaudited net asset value
per ordinary share of 2.5p, valued on a bid price basis, was 445p.

Income after tax, interest and management expenses arising, but which is not
included in the net asset value per ordinary share above, was 4p per ordinary share.

For further information, please contact:-

Ian Anderson
Alliance Trust PLC
Tel. [phone]