Net Asset Value(s)

The Alliance Trust PLC


At the close of business on Wednesday, 26 April 2006, the unaudited net asset value
per ordinary share of 25p, valued on a bid price basis, was 4242p.

Income after tax, interest and management expenses arising, but which is not
included in the net asset value per ordinary share above, was 30p per
ordinary share.

For further information, please contact:-


Ian Anderson
The Alliance Trust PLC
Tel. [phone]