The Second Alliance Trust PLC

Annual Report and Accounts for Year Ending 31 July 2003
Notice of Annual General Meeting
Form of Proxy

A copy of the above documents has been submitted to the UK Listing
Authority, and will shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. 020 7676 1000