Interim Management Statement

Edinburgh New Income Trust plc 26 March 2008 Edinburgh New Income Trust plc Interim Management Statement - 3 months to 29 February 2008 To the members of Edinburgh New Income Trust plc This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose. This interim management statement relates to the period from 1 December 2007 to 29 February 2008, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified. Investment objective and policy To provide ordinary shareholders with an attractive level of income, together with the potential for capital and income growth and to provide ZDP shareholders with a pre-determined capital entitlement on 31 May 2011 of 141.85p. The Company will invest mainly in UK quoted equities selected primarily for their potential, in the opinion of the Investment Manager, to provide an attractive dividend yield and capital appreciation. Benchmark The Company does not have a benchmark, but the portfolio is largely drawn from large, mid and small cap components of the FTSE All-Share Index. Material transactions A second interim dividend of 1.3p per ordinary share was declared for the year to 31 May 2008 and paid on 15 February 2008. Ten largest equity holdings at 29 February 2008 % British American Tobacco 4.6 BT 4.0 Royal Dutch Shell 'B' 3.6 United Utilities 3.5 Lloyds TSB 3.5 BP 3.4 Barclays 3.2 HSBC 3.1 Centrica 2.9 Royal Bank of Scotland 2.8 Total 34.6 Sector allocation as at 29 February 2008 % Financials 24.2 Industrials 14.1 Consumer Goods 10.9 Oil & Gas 9.0 Consumer Services 8.9 Utilities 8.8 Telecommunications 6.7 Health Care 3.9 Basic Materials 3.0 Total 100.0 General description of Company's financial position and performance as at 29 February 2008 (Capital only - excluding undistributed revenue for the period) £m Ordinary shareholder funds 20.9 ZDP shareholder funds 17.8 Gross assets 38.7 Actual gearing (equities/ordinary shareholders funds) 167% Cumulative performance (%)* As at 3 months 6 months 1 year 3 years 29 February 2008 Share Price Ordinary 92.5 -16.1 -23.6 -26.5 n/a Share Price ZDP 120.3 2.6 4.8 4.1 n/a NAV Ordinary 102.0 -16.6 -21.8 -22.8 n/a NAV ZDP 117.4 1.5 3.0 6.0 n/a FTSE All-Share -7.7 -6.5 -2.7 n/a Discrete performance (%)* Year ending 29/2/08 29/2/07 29/2/06 Share Price Ordinary -26.5 20.8 n/a Share Price ZDP 4.1 8.2 n/a NAV Ordinary -22.8 18.6 n/a NAV ZDP 6.0 6.0 n/a FTSE All-Share -2.7 11.6 n/a *Total Return; Net Income Reinvested, GBP Source: Aberdeen Asset Managers Limited, Factset, Financial Times and Fundamental Data The Board is not aware of any significant events or transactions which have occurred between 29 February 2008 and the date of publication of this interim management statement which would have a material impact on the financial position of the Company. For latest performance information, please refer to the Company's website, www.edinburghnewincome.co.uk. Please note that past performance is not necessarily a guide to the future and that the value of investments and the income from them may fall as well as rise. Investors may not get back the amount they originally invested. For Edinburgh New Income Trust plc Aberdeen Asset Management PLC, Secretary 26 March 2008 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings