Directors' Notification of Dealing in Shares

Alliance Trust PLC
17 August 2000


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

NAME OF COMPANY              THE ALLIANCE TRUST PLC

NAME OF DIRECTOR             MR. GAVIN R SUGGETT    

TYPE OF TRANSACTION          INCREASE IN BENEFICIAL INTERESTS        
                             FOLLOWING PURCHASE OF SHARES WITHIN     
                             ISA 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        38

PRICE PER STOCK UNIT         £32.8000

DATE OF TRANSACTION         16TH AUGUST 2000

DATE COMPANY INFORMED        17TH AUGUST 2000

TOTAL HOLDINGS FOLLOWING
THIS INFORMATION             10,512 

TOTAL PERCENTAGE             0.02%
OF ISSUED CLASS


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          17TH AUGUST 2000