Directors' Notification of Dealing in Shares

Alliance Trust PLC
13 June 2000


DIRECTOR'S INTERESTS IN SECURITIES
----------------------------------

NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. WILLIAM BERRY    

TYPE OF TRANSACTION          REDUCTION IN NON-BENEFICIAL INTERESTS
                             FOLLOWING RESIGNATION AS TRUSTEE.

CLASS OF SECURITY            ORDINARY STOCK UNITS OF 25P

NAME OF REGISTERED HOLDERS   CASTLE STREET NOMINEES LIMITED
                             ACCOUNT 669

NUMBER OF STOCK UNITS        380

PRICE PER STOCK UNIT         NOT APPLICABLE - NO TRANSFER OF SHARES

DATE OF TRANSACTION          12 JUNE 2000

DATE COMPANY INFORMED        12 JUNE 2000    

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             11,608

TOTAL PERCENTAGE             0.02%
OF ISSUED CLASS


THIS ANNOUNCEMENT IS ONE OF A SERIES RELATING TO MR WILLIAM BERRY'S
RETIREMENT AS A TRUSTEE FROM A LARGE NUMBER OF TRUSTS, MANY OF WHICH
ARE HOLDERS OF ALLIANCE TRUST PLC STOCK.  IN ALL CASES THE REDUCTIONS
COME AS A RESULT OF MR BERRY'S RETIREMENT AS A TRUSTEE AND NOT AS A
RESULT OF SALE OF STOCK.

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         13 JUNE 2000