Alliance Trust PLC :Management Change

25 September 2014
Alliance Trust PLC: Management Change
Alliance Trust appoints Peter Michaelis as Head of Equities

Alliance Trust PLC announces that Ilario di Bon has stepped down as Head of Equities in order to pursue other opportunities.

Peter Michaelis will take on the role of Head of Equities, leading a single equity investment team under the direction of the Trust's Chief Executive and Chief Investment Officer, Katherine Garrett-Cox. In addition, Simon Clements, who was Head of Global Equities at Aviva Investors, will be responsible for the management of Alliance Trust PLC's equity portfolio.  Peter and Simon both joined Alliance Trust in 2012, and have been working in the fund management industry for over 30 years between them.

Katherine Garrett-Cox, Chief Executive of Alliance Trust PLC, said:
"We wish Ilario well for the future. These changes will enable us to capitalise on the long track record and experience of the whole team. They will also allow us to promote an integrated and responsible investment strategy which we believe is a necessity, and no longer a choice, in today's world. Our thematic investment approach remains unchanged and we are committed to delivering capital growth and a consistently rising dividend from our diversified portfolio of global equities and fixed income investments."

For more information, please contact:
Conor McClafferty & Clare Dundas
Finsbury
T 020 7251 3801

Evan Bruce-Gardyne
Director of Investor Relations
Alliance Trust PLC
T 01382 321169

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Source: Alliance Trust PLC via Globenewswire

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