Director Shareholding

Alliance Trust PLC
04 February 2003


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
                                             partnership shares (pursuant to regular standing instruction)
                                             within The Alliance Trust PLC Share Incentive Plan
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        6
Price per stock unit                         £21.85
Date of transaction                          4th February 2003
Date Company informed                        4th February 2003
Total holdings following this information    13,249
Total percentage of issued class             0.03%


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
                                             partnership shares (pursuant to regular standing instruction)
                                             within The Alliance Trust PLC Share Incentive Plan.
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        6
Price per stock unit                         £21.85
Date of transaction                          4th February 2003
Date Company informed                        4th February 2003
Total holdings following this information    2,636
Total percentage of issued class             0.005%


Name of Company                              The Alliance Trust PLC
Name of Director                             Mrs Sheila M Ruckley
Type of Transaction                          Increase in beneficial interest following purchase of
                                             partnership shares (pursuant to regular standing instruction)
                                             within The Alliance Trust PLC Share Incentive Plan.
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        6
Price per stock unit                         £21.85
Date of transaction                          4th February 2003
Date Company informed                        4th February 2003
Total holdings following this information    1,593
Total percentage of issued class             0.003%

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                         4th February 2003


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