Net Asset Value(s)

Alliance Trust PLC


At the close of business on Wednesday 19 July 2006 the unaudited net asset value
per ordinary share of 2.5p, valued on a bid price basis, was 388p.

Income after tax, interest and management expenses arising, but 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]