Director Shareholding

Alliance Trust PLC
16 February 2001


Directors' interests in securities
Name of Company     The Alliance Trust PLC
Name of Director    Mr Gavin R. Suggett
Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by self.
Class of Security   Ordinary stock units of 25p
Name of registered  Alliance Trust Savings Nominees Limited
holder
Number of stock     37
units
Price per stock     £33.7000
unit
Date of transaction 15th February 2001
Date Company        16th February 2001
informed
Total holdings                                                           11,284
following this
information
Total percentage of 0.02%
issued class


Name of Company     The Alliance Trust PLC
Name of Director    Mr Alan M W Young
Type of Transaction Increase in beneficial interest following purchase of
                    shares (within ISA pursuant to regular standing order and
                    standing election) by self and spouse.
Class of Security   Ordinary stock units of 25p
Name of registered  Alliance Trust Savings Nominees Limited
holder
Number of stock     59 (29 self, 30 spouse)
units
Price per stock     £33.7000
unit
Date of transaction 15th February 2001
Date Company        16th February 2001
informed
Total holdings                                                            2,280
following this
information
Total percentage of 0.005%
issued class

This notification does not relate to dealings by persons otherwise connected
with the named directors.

Name of contact     Mr Ian Goddard
Telephone Number    01382 201700
Date of             16th February 2001
notification