Alliance Trust PLC : Net Asset Value(s)

ALLIANCE TRUST PLC

At the close of business on Monday 02 April 2012, the unaudited net asset value per ordinary share of 2.5p, valued on a bid price basis:

1) excluding income after tax, interest and management expenses arising of 2.6p per ordinary share, is 437.4 p and

2) including income after tax, interest and management expenses arising is 440.0p

For further information, please contact:-

Ian Anderson

Alliance Trust PLC

Tel. [phone]

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Source: Alliance Trust PLC via Thomson Reuters ONE

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