Directors' Dealings

Alliance Trust PLC
15 December 1999

DIRECTOR'S INTERESTS IN SECURITIES
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NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. GAVIN R SUGGETT    

TYPE OF TRANSACTION          PURCHASE (SPOUSE THROUGH THE ALLIANCE
                             SELECT ISA)

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        39

PRICE PER STOCK UNIT         £32.0400

DATE OF TRANSACTION          14TH DECEMBER 1999

DATE COMPANY INFORMED        15TH DECEMBER 1999

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             9,582

TOTAL PERCENTAGE             0.02%
OF ISSUED CLASS



THIS NOTIFICATION DOES NOT RELATE TO DEALINGS BY PERSONS OTHERWISE
CONNECTED WITH THE NAMED DIRECTOR.

NAME OF CONTACT AND TELEPHONE NUMBER AS ABOVE

DATE OF NOTIFICATION         15TH DECEMBER 1999