Director Shareholding

The following amendment replaces the Director Shareholding announcement
by The Alliance Trust PLC dated Friday 11th April 2003 timed at 15.59.
The number of stock units was incorrect which therefore showed incorrect
total holdings following this information, and should have read as
follows:


Director's interests in securities

Name of Company             The Alliance Trust PLC
                            
Name of Director            Mrs Lesley 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       10
                            
Price per stock unit        £23.2400xd
                            
Date of transaction         10th April 2003
                            
Date Company informed       11th April 2003
                            
Total holdings following    548
this information

Total percentage of issued  0.001%
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 notification        11th April 2003