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Director/PDMR Shareholding

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Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and their Closely Associated Persons

The following person, who is closely associated with Clare Dobie, a
Non-Executive Director of Alliance Trust PLC, has sold ordinary shares of 2.5
pence each in Alliance Trust PLC as detailed below.

 Closely Associated Person of Director  Sale date  Number of shares sold  Price paid per share (£)   Resultant interest in shares (Director and Closely Associated Person)  
 Alan Dobie                             30.11.23   2                      10.47                      9,977                                                                  

The following notification, made in accordance with the requirements of the EU
Market Abuse Regulation, gives further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

         Details of the person discharging managerial responsibilities/person closely associated                                                                                                                  
 a)      Name                                                               Alan Dobie                                                                                                                            
         Reason for notification                                                                                                                                                                                  
 a)      Position/Status                                                    Closely Associated Person of Clare Dobie, Non-Executive Director                                                                      
 b)      Initial notification/Amendment                                     Decrease in beneficial interest following sale of shares (within a dealing account).                                                  
         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                            
 a)      Name                                                               Alliance Trust PLC                                                                                                                    
 b)      LEI                                                                213800SZZD4E2IOZ9W55                                                                                                                  
         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted        
 a)      Description of the financial instrument, type of instrument        Ordinary Shares of 2.5 pence each in Alliance Trust PLC                                                                               
         Identification code                                                Identification code for Alliance Trust PLC shares: GB00B11V7W98                                                                       
 b)      Nature of transaction                                              Sale of Ordinary Shares                                                                                                               
 c)  d)  Price(s) and volume(s)                                             Price(s)                                                           Volume(s)                                                          
         £10.47                                                                                                                                2                                                                  
 e)      Aggregated Information * Aggregated volume                         Not applicable – Single transaction                                                                                                   
         * Price                                                                                                                                                                                                  
 f)      Date of transaction                                                30 November 2023                                                                                                                      
 g)      Place of transaction                                               London Stock Exchange, Main Market (XLON)                                                                                             



 Name of contact       Lisa Brown          
 Telephone Number      +44 (0)1382 938320  
 Date of notification  12 December 2023

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