Director Shareholding

Alliance Trust PLC
13 December 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 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 holder     Alliance Trust Savings Nominees Limited

Number of stock units         37

Price per stock unit          £33.3000

Date of transaction           12th December 2000

Date Company informed         13th December 2000

Total holdings following      11,085
this information

Total percentage of           0.02%     
issued class


Name of Company               The Alliance Trust PLC

Name of Director              Mr Alan M W Young

Type of Transaction           Increase in beneficial interest following purchase

                              of shares (within 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         60 (30 self, 30 spouse)

Price per stock unit          £33.3000

Date of transaction           12th December 2000

Date Company informed         13th December 2000


Total holdings following      2,160
this information

Total percentage of           0.004%
issued class


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

Name of contact               Mr Ian Goddard

Telephone Number              01382 201700

Date of notification          13th December 2000