Transaction in Own Shares

EDINBURGH US TRACKER TRUST PLC


On  20  September  2004,  Edinburgh US Tracker Trust  plc  bought  back  300,000
ordinary  shares  for  cancellation  at an average  price  of  480p  per  share.
Following  the  buy back, there are 86,146,164 ordinary shares  in  issue.   The
share buy-back will be financed out of the capital reserve.