RNS Number:3768I
Second Alliance Trust PLC
06 March 2003


Directors' interests in securities

Name of Company                              The Second Alliance Trust PLC
Name of Director                             Mr Gavin R. Suggett
Type of Transaction                          Increase in beneficial interest following purchase of shares
                                             (within PEP pursuant to regular standing order and standing
                                             election) by self.
Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        6
Price per stock unit                         #18.9200 xd
Date of transaction                          5th March 2003
Date Company informed                        6th March 2003
Total holdings following this information    11,143
Total percentage of issued class             0.06%

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 PEP pursuant to regular standing order and standing
                                             election) by spouse.

Class of Security                            Ordinary stock units of 25p
Name of registered holder                    Alliance Trust Savings Nominees Limited
Number of stock units                        3
Price per stock unit                         #18.9200 xd
Date of transaction                          5th March 2003
Date Company informed                        6th March 2003
Total holdings following this information    1,945
Total percentage of issued class             0.01%

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 notification                         6th March 2003


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