Net Asset Value(s)

THE ALLIANCE TRUST PLC At the close of business on Tuesday 1st April 2003 the unaudited net asset value per 25p stock unit, valuing prior charges at par, was 2456p. Income after tax, interest and management expenses arising, but which is not included in the net asset value per stock unit above, was 58p per stock unit. For further information, please contact:- Ian Goddard The Alliance Trust PLC Tel. 01382 201700 END ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/02/20030402BIT00450/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/02/20030402BIT00450/wkr0002.pdf