Director Shareholding

Director's interests in securities

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       8
                            
Price per stock unit        £27.6750
                            
Date of transaction         10th September 2003
                            
Date Company informed       11th September 2003
                            
Total holdings following    662
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 September 2003