RNS Number:4549H
Second Alliance Trust PLC
13 February 2003


Director's interests in securities

Name of Company                              The Second Alliance Trust PLC

Name of Director                             Mrs Sheila M Ruckley

Type of Transaction                          Increase in beneficial interest following purchase of shares
                                             (within ISA pursuant to regular standing order and standing
                                             election).


Class of Security                            Ordinary stock units of 25p

Name of registered holder                    Alliance Trust Savings Nominees Limited

Number of stock units                        31

Price per stock unit                         #18.6500

Date of transaction                          12th February 2003

Date Company informed                        13th February 2003

Total holdings following this information    1,942

Total percentage of issued class             0.01%


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

Name of contact                              Mr Ian Goddard

Telephone Number                             01382 201700

Date of notification                         13th February 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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