Holding in Company

Edinburgh US Tracker Trust PLC
31 May 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
      Edinburgh US Tracker Trust plc


2)   Name of shareholder having a major interest
      The Trustees of the BT Pension Scheme
      (notification from Hermes Administration Services Ltd)


3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18
      In respect of 2 above


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them
      BriTel Fund Nominees Ltd


5)   Number of shares/amount of stock acquired
      not disclosed


6)   Percentage of issued class
      not disclosed


7)   Number of shares/amount of stock disposed
      not disclosed


8)   Percentage of issued class
      not disclosed


9)   Class of security
      Ordinary


10)  Date of transaction
      not disclosed


11)  Date company informed
      31 May 2001


12)  Total holding following this notification
      2,060,305 (of which 84,689 shares are on loan)as at 31 May 2001


13)  Total percentage holding of issued class following this notification
      2.474%


14)  Any additional information
      No


15)  Name of contact and telephone number for queries
      David Holland 0131 313 6442

16)  Name and signature of authorised company official responsible for
     making this notification


      David Holland
     Date of notification 31 May 2001