10 Largest Investments

EDINBURGH DRAGON TRUST PLC - 10 LARGEST INVESTMENTS


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

Company                                 % of Gross Assets
Samsung Electronics                                  5.76
Housing Development Finance                          3.46
United Overseas Bank                                 2.68
China Mobile (HK)                                    2.59
Venture                                              2.38
Swire Pacific                                        2.36
Henderson Land Development                           2.18
CNOOC                                                2.12
Cheung Kong (Holdings)                               2.06
Siam Cement                                          2.04
TOTAL                                               27.63



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