Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Tuesday, 19 June 2007 the unaudited net asset value
per ordinary share of 2.5p, valued on a bid price basis, was 447p.

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.

* The NAV figure announced on 19 June 2007 was overstated by 2p. The correct
unaudited NAV figure as at close of business on Monday, 18 June 2007 was 450p.

For further information, please contact:-

Donald McPherson
Alliance Trust PLC
Tel. [phone]