AGM Statement and results of AGM

The Edinburgh Investment Trust plc

At the Company's Annual General Meeting held on 21 July 2008 all resolutions
were duly passed. The resolutions passed as special business were as follows:-

- renewal of the Company's authority to purchase its own shares for
cancellation. This authority is limited to 14.99% of the Company's issued share
capital at the date of the meeting

- adoption of revised Articles of Association.

The Chairman commented:

"A great deal has occurred in financial markets since our last AGM. The bubble
caused by excess credit has burst and the global economy is now suffering the
effect of loss of consumer confidence. Confidence, particularly critical in
financial markets, has also slumped and the yield on the FTSE-All Share Index
last week exceeded that of fifty year Government debt. Unless there is a sharp
cut in corporate dividends - and commentators do not expect this - history
suggests that equities are fundamentally good value and should rebound when
confidence returns - timing is however difficult to predict.

Turning to the Company's performance, we have as you know two long term
objectives:

- to increase asset value per share at least at the rate of the FTSE Index

- to increase dividend per share by more than the rate of UK inflation

The changing structure of the UK equity market, discussed in my statement in
the Accounts, and to be amplified in the Manager's presentation which will
follow the formal meeting, made the capital target a difficult one last year.
Although we did no worse than our peers, the out-turn was less satisfactory
that we had hoped.

Shareholders will know that we have increased dividends sharply over the past
three years and that we now pay quarterly. The increased emphasis on dividends
has been well received by shareholders and the Board is well aware of the
importance to them of income.

We announced on 18 June 2008 that Fidelity was examining a number of options
for the management of the income sub-portfolio following the decision of the
sub-adviser to take a six month sabbatical from 1 July 2008. The Board is
actively involved in this work which is continuing."

22 July 2008

For further information please contact:

Graham Symonds

FIL Investments International

Company Secretary

01737 837 345