Interim Management Statement

Edinburgh US Tracker Trust plc
18 June 2007


Edinburgh US Tracker Trust plc - Interim management statement

To the members of Edinburgh US Tracker 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 February 2007 to
15 June 2007, and contains information that covers this period, up to the date
of publication of this interim management statement, unless otherwise specified.

Investment objective

To invest in a portfolio designed to track closely the S&P 500 Index, both in
terms of capital and income.

Benchmark
S&P 500 Index

Material events and their impact on the Trust

At the Company's AGM on 23 May 2007, all resolutions, with the exception of
resolutions 11 (dis-application of pre-emption rights) and 15 (amendment to
articles to remove the age 70 limit on directors) were passed. Resolutions 11
and 15, which were special resolutions and required a 75% majority of votes in
favour, were not passed.  The resolution on continuation was passed by 57% of
votes cast.

As a result, the age 70 limit for directors in the Company's articles remains.
Sir Angus Grossart vacated office at the conclusion of the Annual General
Meeting.  Mr James Ferguson was appointed Chairman of the Company.

Material transactions and their impact on the Trust's financial position

Over the four month period to 31 May 2007 the Company's net asset value rose
6.1% on a total return basis compared to a rise of 6.0% in the S&P 500 Index.
The Company has bought back 3.2 million shares for the period since 1 February
2007.

For latest NAV and share price information, please refer to the Trust's website,
www.edinburghustracker.co.uk.

Cumulative performance (%)

                      As at 31   4 months   1 year  3 years    5 years
                      May 2007                      

Capital return Share   614.0p          4.7      12.4   30.4       1.0
price
Capital return NAV    643.31p          5.3      14.1   27.5       7.0
S&P 500 Index                          5.3      14.0   26.6       6.1
Total return Share     614.0p          5.5      13.7   34.7       6.5
price
Total return NAV      643.31p          6.1      15.4   31.5      12.6
S&P 500 Index                          6.0      16.2   33.8      16.2

Discrete performance (%)

Year ending              31 May   31 May   31 May   31 May   31 May
                           2007     2006     2005     2004     2003
Capital return Share       12.4      7.2      8.3      2.4    -24.3
price
Capital return NAV         14.1      4.2      7.2      4.0    -19.3
S&P 500 Index              14.0      3.8      7.0      3.9    -19.4
Total return Share         13.7      8.3      9.4      3.4    -23.5
price
Total return NAV           15.4      5.3      8.3      4.9    -18.4
S&P 500 Index              16.2      5.8      8.9      5.7    -17.9



Source: Aberdeen Asset Managers Limited, Factset, Financial Times and
Fundamental Data


                                              Ten largest equity holdings
                                                   as at 31 May 2007

ExxonMobil              3.4
General Electric        2.8
Citigroup               1.9
Microsoft               1.9
AT&T                    1.9
Bank of America         1.6
Procter & Gamble        1.5
Pfizer                  1.4
Johnson & Johnson       1.4
American                1.3
International
Total                  19.1


                             Sector allocation
                             as at 31 May 2007


      Financials                                21.3
      Information Technology                    15.0
      Health Care                               11.9
      Industrials                               11.1
      Consumer Discretionary                    10.4
      Energy                                    10.5
      Consumer Staples                           9.4
      Utilities                                  3.6
      Telecommunication Service                  3.7
      Materials                                  3.1

      TOTAL                                    100.0



Assets at 31 May 2007

Investments               £456.3m
Cash                        £0.3m
Total assets              £456.6m
No of shares in        70,970,742
issue
Net asset value           643.31p
Discount                     4.6%


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
and may be affected by exchange rate movements.  Investors may not get back the
amount they originally invested.

For Edinburgh US Tracker Trust plc
Edinburgh Fund Managers plc, Secretary



                      This information is provided by RNS
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