Director Shareholding

Alliance Trust PLC
01 November 2002


Directors' interests in securities

Name of Company                              The Alliance Trust PLC

Name of Director                             Mr Gavin R. Suggett

Type of Transaction                          Increase in non-beneficial interest following purchase of
                                             shares (within Investment Plan pursuant to regular standing
                                             order and standing election) by 3 trusts of which 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                        115

Price per stock unit                         £23.5500

Date of transaction                          31st October 2002

Date Company informed                        1st November 2002

Total holdings following this information    13,527

Total percentage of issued class             0.03%


Name of Company                              The Alliance Trust PLC

Name of Director                             Mrs Lesley M. S. Knox

Type of Transaction                          Increase in beneficial interest following purchase of shares
                                             (within Pension 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                        2

Price per stock unit                         £23.5500

Date of transaction                          31st October 2002

Date Company informed                        1st November 2002

Total holdings following this information    472

Total percentage of issued class             0.001%


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

Name of contact                              Mrs Eliz Lee

Telephone Number                             01382 201700

Date of notification                         1st November 2002


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