Director Shareholding

Alliance Trust PLC
16 April 2001


Director's interests in securities

Name of Company     The Alliance Trust PLC

Name of Director    Mr Alan M W Young

Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by self and spouse.

Class of Security   Ordinary stock units of 25p

Name of registered  Alliance Trust Savings Nominees Limited
holder

Number of stock     63 (32 self, 31 spouse)
units

Price per stock     £31.700
unit

Date of transaction 12th April 2001

Date Company        13th April 2001
informed

Total holdings      2,405
following this
information

Total percentage of 0.005%
issued class

This notification does not relate to dealings by persons otherwise connected
with the named director.

Name of contact     Mr Ian Goddard

Telephone Number    01382 201700

Date of             16th April 2001
notification