Miscellaneous 10 Largest Investments

EDINBURGH US TRACKER TRUST PLC - 10 LARGEST INVESTMENTS


The company announces that the ten largest investments as at close of business
on 30 April 2004 were as follows:


Company                                 % of Gross Assets
General Electric                                     2.97
Microsoft Corp                                       2.73
Exxon Mobil                                          2.71
Pfizer Inc                                           2.64
Citigroup                                            2.41
Walmart Stores                                       2.38
Amer International                                   1.82
Intel Corp                                           1.62
Bank of America                                      1.60
Johnson & Johnson                                    1.55
                                                    22.43


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