Director Shareholding

Alliance Trust PLC
12 February 2003


Directors' interests in securities


Name of Company                              The Alliance Trust PLC

Name of Director                             Mr Gavin R. Suggett

Type of Transaction                          Decrease in non-beneficial interest following transfer of
                                             stock units to beneficiary of trust of which the director is
                                             a trustee.

Class of Security                            Ordinary stock units of 25p

Name of registered holder                    Alliance Trust Savings Nominees Limited

Number of stock units                        1,350

Price per stock unit                         Not applicable. No market transaction.

Date of transaction                          20 December 2002

Date Company informed                        12 February 2003

Total holdings following this information    11,899

Total percentage of issued class             0.02%


Mr. Suggett apologises for the late notification of this transfer from a family 
trust to his son as beneficiary.

Name of contact                              Mr. Ian Goddard

Telephone Number                             01382 201700

Date of notification                         12 February 2003


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