Director Shareholding

Alliance Trust PLC
24 November 2000


Director's interests in securities

Name of Company     The Alliance Trust PLC

Name of Director    Mr Alan Michael Walker Young

Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by spouse.

Class of Security   Ordinary stock units of 25p

Name of registered  Alliance Trust Savings Nominees Limited
holder

Number of stock     31
units

Price per stock     £32.3200
unit

Date of transaction 23rd November 2000

Date Company        24th November 2000
informed

Total holdings                                                  2,100
following this
information

Total percentage of 0.004%
issued class

This notification does not relate to dealings by persons otherwise connected
with the named director.

Name of contact     Mr Ian Goddard
Telephone Number    01382 201700

Date of             24th November 2000
notification