Director Shareholding

Alliance Trust PLC
28 June 2001

Director's interest in securities

Name of Company          The Alliance Trust PLC

Name of Director         Mrs. Lesley M. S. Knox

Type of Transaction      Notification of interests upon appointment as director
                         on 15 June 2001.

Class of Security        Ordinary stock units of 25p

Name of Registered       (1) Mrs. Lesley Mary Samuel Knox
Holder
                         (2) Alliance Trust Savings Nominees Limited

Number of Stock Units    (1) 150

                         (2) 26 (beneficial holding through Alliance PEP)

Price per Stock Unit     No applicable (stock owned beneficially at date of
                         appointment)


Date of Transaction      No applicable (stock owned beneficially at date of
                         appointment)

Date Company Informed    (1) 28 June 2001

                         (2) 28 June 2001

Total Holdings           176

Total percentage of                                                     0.0003%
issued class


Name of Contact          Mr. Ian Goddard
Telephone No.            01382 201700
Date of Notification     28 June 2001