Director Shareholding

Alliance Trust PLC
1 October 2001


  Director's interests in securities                                          

  Name of Company                       The Alliance Trust PLC                

  Name of Director                      Mr Gavin R. Suggett                   

  Type of Transaction                   Increase in non-beneficial interest   
                                        following purchase of shares (within  
                                        Investment Plan pursuant to regular   
                                        standing order and standing election) 
                                        in two trusts of which the director   
                                        is a trustee.                         

  Class of Security                     Ordinary stock units of 25p           

  Name of registered holder             Alliance Trust Savings Nominees       
                                        Limited                               

  Number of stock units                 76                                    

  Price per stock unit                  £26.1500                              

  Date of transaction                   27th September 2001                   

  Date Company informed                 28th September 2001                   

  Total holdings following this         11,825                                
  information                                                                 

  Total percentage of issued class      0.02%                                 


  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 notification                  1st October 2001