Director Shareholding

Directors'interests in securities

Name of Company                                        The Alliance Trust PLC

Name of Director                                       Mr Gavin R. Suggett

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

Class of Security                                      Ordinary stock units of 25p
Name of registered holder                              Alliance Trust Savings Nominees Limited

Number of stock units                                  48

Price per stock unit                                   £25.6250

Date of transaction                                    18th June 2003

Date Company informed                                  19th June 2003

Total holdings following this information              12,506

Total percentage of issued class                       0.02%



Name of Company                                        The Alliance Trust PLC

Name of Director                                       Mrs Lesley MS Knox

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

Class of Security                                      Ordinary stock units of 25p

Name of registered holder                              Alliance Trust Savings Nominees Limited

Number of stock units                                  33

Price per stock unit                                   £25.6250

Date of transaction                                    18th June 2003

Date Company informed                                  19th June 2003

Total holdings following this information              609

Total percentage of issued class                       0.001%


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

Name of contact                   Mr Ian Goddard
Telephone Number                  01382 201700
Date of notification              19th June 2003