Alliance Trust PLC : Directorate change

9 February 2012

Alliance Trust PLC Directorate Change

The Board of Alliance Trust PLC announces that Robert Burgess has resigned from the Board and is stepping down as Chief Executive of Alliance Trust Savings ("ATS"). Over the last three years he has overseen a significant programme of modernisation of the business, which is now well placed to take advantage of the opportunities in the growing retail savings market. Alan Trotter, Finance Director of Alliance Trust PLC, will oversee the day to day running of ATS until a replacement is appointed.

Lesley Knox, Chairman of Alliance Trust PLC, said:

"I would like to thank Robert for his contribution and the work he has done in developing ATS since he joined in February 2009. He has instigated a major repositioning of the business resulting in good growth. He has built an experienced management team who are in a strong position to capitalise on the opportunities provided by the Retail Distribution Review. Robert leaves with our very best wishes for the future."

Robert Burgess said:

"I have thoroughly enjoyed my three years at ATS, during which time the business has seen strong customer and revenue growth and is increasingly recognised as a leading player in its sector. I am confident that ATS is now well positioned to continue this momentum. I wish the team and the business continued success."

Enquiries: 

Evan Bruce-Gardyne
Head of Investor Relations,
Alliance Trust PLC
Tel: [phone]
Email: [e-mail]
Web: www.alliancetrust.co.uk

James Leviton / Clare Dundas
RLM Finsbury Group
Tel: [phone]
Email: [e-mail]
Web: www.rlmfinsbury.com

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Source: Alliance Trust PLC via Thomson Reuters ONE

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