Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Tuesday, 27 November 2007, the unaudited net asset
value per ordinary share of 2.5p, valued on a bid price basis, was 417p.

Income after tax, interest and management expenses arising, but which is not
included in the net asset value per ordinary share above, was 5p per ordinary
share.

For further information, please contact:-

Donald McPherson              
                              
Alliance Trust PLC            
                              
Tel. [phone]