Directors' Notification of Dealing in Shares

Alliance Trust PLC
28 July 2000

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          INCREASE IN NON-BENEFICIAL INTERESTS    
                             FOLLOWING PURCHASE OF SHARES BY TWO     
                             TRUSTS OF WHICH THE DIRECTOR IS A       
                             TRUSTEE.                                
    
                             REDUCTION IN NON-BENEFICIAL INTERESTS
                             FOLLOWING SALE OF SHARES BY TRUST 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        539 BOUGHT
                             90  SOLD

PRICE PER STOCK UNIT         £32.7300

DATE OF TRANSACTIONS         27TH JULY 2000

DATE COMPANY INFORMED        28TH JULY 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             10,474 

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          28TH JULY 2000