10 Largest Investments

EDINBURGH DRAGON TRUST PLC - 10 LARGEST INVESTMENTS


The company announces that the ten largest investments as at close of
business on 30 November 2003 were as follows:


Company                            % of Gross Assets

Samsung Electronics                7.10
China Merchants Holdings           2.34
Gamuda                             2.32
Hutchinson Whampoa Shares          2.09
Housing Development Finance Corp   1.94
China Mobile (Hong Kong)           1.86
Cheung Kong (Holdings)             1.81
Henderson Land Dev                 1.79
PTT Public Co                      1.77
Hang Seng Bank                     1.77
                                   24.79



END