Alliance Trust PLC : Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Wednesday 28 November 2012, 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 2.4p per ordinary share, is 436.7p and

2) including income after tax, interest and management expenses arising is 439.1p.  As from 28 November the dividend of 2.3175p, due to be paid on 31 December 2012, has been deducted from this figure

For further information, please contact:-

Donald McPherson

Alliance Trust PLC

Tel. [phone]

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Source: Alliance Trust PLC via Thomson Reuters ONE

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