Appointment of Non-Executive Director

Alliance Trust PLC is pleased to announce the appointment of Tim Ingram as a Non-Executive Director of the Company with immediate effect.

Tim Ingram was Chief Executive of Caledonia Investments plc from 2002 until his retirement in July 2010. After an early career in international banking, he was Finance Director, Chief Executive and later Chairman of First National Finance Corporation from 1992 and a Managing Director of Abbey National from 1996 to 2002. He is currently Chairman of Collins Stewart plc, Senior Independent Director of The Sage Group plc and Savills plc and a Non-Executive Director of ANZ Bank (Europe) Limited and Alok Industries Limited.

Lesley Knox, Chairman of Alliance Trust, said:

"I'm delighted to welcome Tim Ingram to the Board. His extensive experience will be invaluable to us as we continue to develop both the investment trust and our complementary financial services and asset management subsidiary businesses, and deliver superior value to our shareholders."

Tim Ingram said:

"Alliance Trust has a unique position in the investment trust sector and I'm looking forward to working with the Board and management team to build on this position."

In the past five years Tim Ingram has been a director of the following publicly-quoted companies:

• Collins Stewart plc (current)

• Savills plc (current)

• The Sage Group plc (current)

• Alok Industries Limited (current)

• Caledonia Investments plc



Back to Board page