Top 10 Holdings as at 31 July 2007

Alliance Trust PLC

Alliance Trust PLC declares that its ten largest investments as at 31 July 2007
were:

Name                                 Value (£m)   % of Net Assets  
                                                                   
Alliance Trust Real Estate              91.2            3.1%       
Partnership                                                        
                                                                   
Royal Dutch Shell                       77.8            2.7%       
                                                                   
BP                                      75.2            2.6%       
                                                                   
Vodafone                                57.8            2.0%       
                                                                   
HSBC                                    55.8            1.9%       
                                                                   
Royal Bank of Scotland                  49.3            1.7%       
                                                                   
BHP Billiton                            46.1            1.6%       
                                                                   
GlaxoSmithKline                         45.0            1.5%       
                                                                   
Premier Alliance Trust Asia Pacific     43.9            1.5%       
Fund                                                               
                                                                   
Lloyds TSB                              41.4            1.4%       

There is no single investment with a value in excess of 5% of net assets.

Name of contact                         Mr. Donald McPherson                   
                                                                               
Telephone Number                        [phone]                    
                                                                               
Date of notification                    2 August 2007