Top 10 and holdings over 5%

The Edinburgh Investment Trust plc 

List of Top Ten Investments and all Holdings over 5% of Gross Assets at 31
December 2003, announced in accordance with Listing Rule 21.20 (l) (ii).

Security Description                         % Gross Assets
                                                           
VODAFONE GROUP                                          6.0
                                                           
GLAXOSMITHKLINE                                         5.7
                                                           
BP                                                      5.6
                                                           
HSBC HOLDINGS (UK REG)                                  4.1
                                                           
SHELL TRANSPORT & TRADING                               3.7
                                                           
ROYAL BANK OF SCOTLAND GROUP                            2.9
                                                           
STANDARD CHARTERED                                      2.0
                                                           
BRITISH AMERICAN TOBACCO                                1.6
                                                           
TESCO                                                   1.6
                                                           
BARCLAYS NEW ORD                                        1.5
                                                           
TOTAL                                                  34.8