Holding(s) in Company

Edinburgh New Income Trust plc
08 June 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)    Name of company
      Edinburgh New Income Trust plc

2)    Name of shareholder having a major interest
      Philip J Milton & Co plc

3)    Please state whether notification indicates that it is in respect of
      holding of the shareholder named in 2 above or in respect of a non-
      beneficial interest or in the case of an individual holder if it is a 
      holding of that person's spouse or children under the age of 18
      On behalf of 2 above


4)    Name of the registered holder(s) and, if more than one holder, the
      number of shares held by each of them
      not advised


5)    Number of shares/amount of stock acquired
      1,278,043 ordinary shares

6)    Percentage of issued class
      6.2%

7)    Number of shares/amount of stock disposed
      Not disclosed

8)    Percentage of issued class
      not disclosed

9)    Class of security
      Ordinary

10)   Date of transaction
      01.06.05

11)   Date company informed
      08.06.05

12)   Total holding following this notification
      1,278,043

13)   Total percentage holding of issued class following this notification
      6.2%

14)   Any additional information

15)   Name of contact and telephone number for queries
      Valerie MacKenzie - 0131 313 1000

16)   Name and signature of authorised company official responsible for making
      this notification

      Date of notification

      08.06.05



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