RNS Number:2977J
Second Alliance Trust PLC
27 March 2003


Director's 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 and spouse.

                                             Increase in non-beneficial interest following purchase of
                                             shares (within Investment Plan pursuant to regular standing
                                             order and standing election) in a 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                        156 (52 self, 53 spouse, 51 trust)

Price per stock unit                         #19.4000 xd

Date of transaction                          26th March 2003

Date Company informed                        27th March 2003

Total holdings following this information    11,299

Total percentage of issued class             0.06%


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                         27th March 2003


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