Director Shareholding

Alliance Trust PLC
6 October 2000



DIRECTORS' INTERESTS IN SECURITIES
----------------------------------

NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. GAVIN R SUGGETT    

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES 
                             WITHIN ISA PURSUANT TO REGULAR STANDING 
                             ORDER AND STANDING ELECTION BY SELF     
                             AND SPOUSE AND INCREASE IN
                             NON-BENEFICIAL INTEREST FOLLOWING
                             PURCHASE OF SHARES WITHIN INVESTMENT
                             PLAN PURSUANT TO REGULAR STANDING
                             ORDER AND STANDING ELECTION BY TWO
                             TRUSTS OF WHICH THE DIRECTOR IS A
                             TRUSTEE.

                             REDUCTION IN NON-BENEFICIAL INTEREST
                             FOLLOWING SALE OF SHARES WITHIN
                             INVESTMENT PLAN BY TRUST OF WHICH THE
                             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        11 BOUGHT (2 SELF, 2 SPOUSE, 7 TRUSTEE)
                             125 SOLD

PRICE PER STOCK UNIT         £33.0000

DATE OF TRANSACTION          5TH OCTOBER 2000

DATE COMPANY INFORMED        6TH OCTOBER 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             10,435 

TOTAL PERCENTAGE             0.02%
OF ISSUED CLASS



NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. WILLIAM BERRY    

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES 
                             WITHIN ISA BY SELF AND WITHIN
                             PEP AND ISA BY SPOUSE PURSUANT TO
                             REGULAR STANDING ORDER AND STANDING     
                             ELECTION.

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        7 (2 SELF, 5 SPOUSE)

PRICE PER STOCK UNIT         £33.0000

DATE OF TRANSACTION          5TH OCTOBER 2000

DATE COMPANY INFORMED        6TH OCTOBER 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             11,615 

TOTAL PERCENTAGE             0.02%
OF ISSUED CLASS



NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. BRUCE W. M. JOHNSTON

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES 
                             WITHIN ISA AND INVESTMENT PLAN
                             PURSUANT TO REGULAR STANDING
                             ORDER AND STANDING ELECTION             

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        14

PRICE PER STOCK UNIT         £33.0000

DATE OF TRANSACTION          5TH OCTOBER 2000

DATE COMPANY INFORMED        6TH OCTOBER 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             17,228 

TOTAL PERCENTAGE             0.03%
OF ISSUED CLASS




NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. ANDREW F. THOMSON

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES 
                             WITHIN PEP AND ISA PURSUANT TO
                             REGULAR STANDING ORDER AND STANDING     
                             ELECTION BY SELF AND SPOUSE.

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        10 (5 SELF, 5 SPOUSE)

PRICE PER STOCK UNIT         £33.0000

DATE OF TRANSACTION          5TH OCTOBER 2000

DATE COMPANY INFORMED        6TH OCTOBER 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             163,242 

TOTAL PERCENTAGE             0.32%
OF ISSUED CLASS




NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. ALAN M. W. YOUNG

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES 
                             WITHIN PEP PURSUANT TO REGULAR
                             STANDING ORDER AND STANDING             
                             ELECTION BY SELF AND SPOUSE.

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        11 (6 SELF, 5 SPOUSE)

PRICE PER STOCK UNIT         £33.0000

DATE OF TRANSACTION          5TH OCTOBER 2000

DATE COMPANY INFORMED        6TH OCTOBER 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             1,977 

TOTAL PERCENTAGE             0.004%
OF ISSUED CLASS




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

NAME OF CONTACT AND TELEPHONE NUMBER AS ABOVE.

DATE OF NOTIFICATION          6TH OCTOBER 2000