Net Asset Value(s)

Alliance Trust PLC


Alliance Trust PLC announces that at the close of business on
Tuesday, 27 June 2006, the unaudited net asset value per ordinary share of 2.5p,
valued on a bid price basis, was 385p.

Income after tax, interest and management expenses arising, which is not
included in the net asset value per ordinary share above, was 1p per
ordinary share.


For further information, please contact:-


Ian Anderson
Alliance Trust PLC
Tel. [phone]