Directors' Dealings

ALLIANCE TRUST PLC
11 August 1999


NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. GAVIN R SUGGETT

TYPE OF TRANSACTION          PURCHASE (SELF THROUGH THE ALLIANCE
                             SELECT ISA)

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED


NUMBER OF STOCK UNITS        40

PRICE PER STOCK UNIT         £30.6700

DATE OF TRANSACTION          10TH AUGUST 1999

DATE COMPANY INFORMED        11TH AUGUST 1999

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             9,424



THIS NOTIFICATION DOES NOT RELATE TO DEALINGS BY PERSONS OTHERWISE
CONNECTED WITH THE NAMED DIRECTOR.

NAME OF CONTACT AND TELEPHONE NUMBER AS ABOVE

DATE OF NOTIFICATION         11TH AUGUST 1999