Directors' Dealings

ALLIANCE TRUST PLC
28 July 1999


CONTACT           MR. IAN GODDARD (01382 201700)

DIRECTOR'S INTERESTS IN SECURITIES
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NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. GAVIN R SUGGETT

TYPE OF TRANSACTION          PURCHASE (NON BENEFICIAL AS TRUSTEE
                             THROUGH THE ALLIANCE INVESTMENT PLAN)

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDER    ALLIANCE TRUST SAVINGS NOMINEES LIMITED

NUMBER OF STOCK UNITS        56

PRICE PER STOCK UNIT         £31.0700

DATE OF TRANSACTION          27TH JULY 1999

DATE COMPANY INFORMED        28TH JULY 1999

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             9,384

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         28TH JULY 1999