Final Results

Edinburgh Worldwide Inv Trust PLC
05 December 2005

                    EDINBURGH WORLDWIDE INVESTMENT TRUST plc

                    Results for the year to 31 October 2005



Over the year Edinburgh Worldwide's share price rose by 44% and net asset value
increased by 29%.   By comparison, the MSCI All Countries World Index in
sterling terms rose by 16%. This was the second year of Edinburgh Worldwide's
management by Baillie Gifford & Co.

Past performance is no guarantee of future performance. The value of an
investment and any income from it is not guaranteed and may go down as well as
up and investors may not get back the amount invested. This is because the share
price is determined by the changing conditions in the relevant stock markets in
which the Company invests and by the supply and demand for the Company's shares.

•    Investment Philosophy.  Shares are chosen globally on their long term 
     merits rather than with reference to sector or geographical weightings in 
     the composition of the comparative index.   The portfolio remains
     relatively concentrated:  there were 41 equity holdings at the year end.  
     The turnover of equity investments remained low at 21%.  This means the 
     average length of time companies are likely to be held is around 5 years.

•    Performance.  The operational performance of the majority of the holdings 
     over the period was good and in many cases this was reflected in strong 
     share price performance.

•    Opportunities. Seven of the eight purchases made in the current year were 
     US listed companies.  Currently the Managers find opportunities amongst 
     companies listed in the United States including some internet
     companies which are now well established (Amazon.com and eBay for example) 
     as well as a number of well run businesses which have gained leads in their 
     own fields (Whole Foods Market, SCP Pool and Pulte Homes). In India, a 
     holding of the mortgage bank HDFC was purchased.

•    Sales.  Amongst the holdings sold during the year were Walmart, Vodafone, 
     Tiffany and CNOOC (China National Offshore Oil Corporation) on concerns 
     about long term operational prospects or management's capital allocation.

•    Second half. In the second half of the year net asset value rose by 26.7% 
     while the Benchmark rose by 15.2%.

•    Revenue and Dividend. The revenue return for the year was 2.26p (2004 - 
     1.77p) and a final dividend of 1.5p is being recommended to bring the total 
     to 2.0p (2004 - 2.2p). The small decrease reflects that earnings in the 
     current year were significantly boosted by special one off dividends. A 
     lower level of earnings is expected in the year to the end of October 2006 
     so the revenue reserve is being increased slightly. The focus remains on 
     achieving capital growth to maximise total shareholder return.

•    Prospects.  Mark Urquhart, the Manager commented: 'while the scale of 
     outperformance achieved this year is unlikely to be repeated often, we 
     still continue to find plenty of companies which offer realistic
     potential for sustained growth.'



Edinburgh Worldwide aims to achieve long term capital growth by investing in
stock markets throughout the world.  The Trust has total assets of £135 million
(before deduction of loans of £28 million).



Edinburgh Worldwide is managed by Baillie Gifford & Co, the Edinburgh based fund
management group with over £40 billion under management and advice.



As the Company invests in overseas securities, changes in the rates of exchange
may also cause the value of an investment (and any income it may pay), to go
down or up.

Investment in investment trusts should be regarded as medium to long-term. You
can find up to date performance information about Edinburgh Worldwide on the
Baillie Gifford website at www.bailliegifford.com.

The Trust's risk is increased as it has a more concentrated portfolio than a
typical investment trust. As a result, the share price will be more volatile
than investment trusts with a more diversified portfolio.

The Company has borrowed money to make further investments. This is commonly
referred to as gearing.  If the Company's investments fall in value, gearing
will increase the amount of this fall. This means that when this money is repaid
by the Company the value of these investments and the income from them may not
be enough to cover the borrowing and interest costs, and the Company makes a
loss. The more highly geared the Company, the greater these effects will be.

The staff of Baillie Gifford & Co, and the Company's Directors, may hold shares
in the Company and may buy or sell such shares.

                                                                 2 December 2005



                                    - ends -



For further information please contact:



Mark Urquhart, Manager,
Edinburgh Worldwide Investment Trust plc                           0131 275 2070



Robert O'Riordan, Marketing Manager
Baillie Gifford & Co                                                07730 412007



Mike Lord, Director,
Broadgate Marketing                                                020 7726 6111





                    EDINBURGH WORLDWIDE INVESTMENT TRUST plc



The following is the unaudited preliminary statement for the year to 31 October
2005 which was approved by the Board on 2 December 2005.  The Board of Edinburgh
Worldwide Investment Trust plc is recommending to the Annual General Meeting of
the Company to be held on 30 January 2006 the payment of a final dividend of
1.50p (1.70p last year) per ordinary share making 2.00p (2.20p last year) for
the year ended 31 October 2005.



                          STATEMENT OF TOTAL RETURN
                      (incorporating the revenue account*)


                                          For the year ended                       For the year ended
                                           31 October 2005                          31 October 2004
                                             (unaudited)                               (audited)
                                    Revenue     Capital        Total         Revenue     Capital         Total
                                      £'000       £'000        £'000           £'000       £'000         £'000


Gains on investments                      -       26,807      26,807               -       4,387         4,387
Currency (losses)/gains                   -         (243)       (243)              -         790           790
Income                                2,379            -       2,379            1,940          -         1,940
Investment management fee (note
2)                                     (179)      (1,474)     (1,653)           (145)       (469)        (614)
Other administrative expenses          (359)           -        (359)           (368)          -         (368)
Net return before finance costs
and taxation                          1,841       25,090      26,931            1,427      4,708        6,135

Finance costs of borrowings            (395)      (1,183)     (1,578)           (381)     (1,149)      (1,530)
Return on ordinary activities
before taxation                       1,446        23,907     25,353           1,046       3,559        4,605

Tax on ordinary activities             (341)         184        (157)           (177)         89          (88)
Return on ordinary activities
after taxation                        1,105       24,091      25,196             869       3,648        4,517

Dividends in respect of equity
shares                                 (980)           -        (980)         (1,078)          -       (1,078)
                                       
Transfer to/(from) reserves             125       24,091       24,216           (209)      3,648        3,439
Return per ordinary share
(note 3)                               2.26p       49.16p      51.42p           1.77p       7.45p        9.22p
Dividends per ordinary share
(note 4)                               2.00p                                    2.20p
                                       




* The revenue column of this statement is the profit and loss account of the
Company.

All revenue and capital items in this statement derive from continuing
operations.



                        EDINBURGH WORLDWIDE INVESTMENT TRUST plc



                            SUMMARISED BALANCE SHEET
                                at 31 October 2005


                                                                       31 October 2005           31 October 2004
                                                                                 £'000                     £'000
                                                                           (unaudited)                 (audited)
FIXED ASSETS
Investments                                                                   136,907                   111,356

CURRENT ASSETS
Debtors                                                                           454                     1,094
Cash and short term deposits                                                      305                       547
                                                                                  759                     1,641
CREDITORS
Amounts falling due within one year                                            (2,433)                   (2,201)

NET CURRENT LIABILITIES                                                        (1,674)                     (560)
TOTAL ASSETS LESS CURRENT LIABILITIES                                         135,233                   110,796

CREDITORS
Amounts falling due after more than one year (note 5)                        (27,825)                   (27,604)
                                                                             107,408                     83,192
CAPITAL AND RESERVES
Called-up share capital                                                         2,450                     2,450
Share premium                                                                  82,180                    82,180
Special reserve                                                                35,220                    35,220
Capital reserve - realised                                                    (45,920)                  (44,457)
Capital reserve - unrealised                                                   32,736                     7,182
Revenue reserve                                                                   742                       617

EQUITY SHAREHOLDERS' FUNDS                                                    107,408                    83,192

NET ASSET VALUE PER ORDINARY SHARE                                             219.18p                   169.76p

ORDINARY SHARES IN ISSUE (note 6)                                           49,004,319                49,004,319





                                     DISTRIBUTION OF ASSETS
                                      at 31 October 2005
                                           (unaudited)



                                                          31 October 2005             31 October 2004
                                                                  %                         %
Equities:   United Kingdom                                       7.4                       13.8
            Continental Europe                                  18.4                       21.0
            North America                                       40.6                       31.2
            Japan                                                3.1                        5.7
            Asia Pacific                                         4.5                        6.9
            Emerging Markets                                    19.2                       11.8
Total equities                                                  93.2                       90.4
Sterling denominated bonds                                       1.1                        1.3
US$ denominated bonds                                            4.8                        6.0
Yen denominated bonds                                            2.2                        2.8
Net current liabilities                                         (1.3)                      (0.5)
Total assets (before deduction of loan)                        100.0                       100.0





                           EDINBURGH WORLDWIDE INVESTMENT TRUST plc
                                SUMMARISED CASH FLOW STATEMENT




                                                             For the year ended         For the year ended
                                                              31 October 2005             31 October 2004
                                                                (unaudited)                  (audited)
                                                           £'000           £'000           £'000       £'000


NET CASH INFLOW FROM OPERATING ACTIVITIES                                  1,475                        1,092

NET CASH OUTFLOW FROM SERVICING OF FINANCE                                 (1,564)                     (1,556)

TOTAL TAX PAID                                                               (158)                        (95)

FINANCIAL INVESTMENT
Acquisitions of investments                                   (26,528)                   (119,127)
Disposals of investments                                       27,633                      97,310
Realised currency loss                                            (22)                        (48)


NET CASH INFLOW/(OUTFLOW) FROM FINANCIAL INVESTMENT                         1,083                     (21,865)

                                                                            
EQUITY DIVIDENDS PAID                                                      (1,078)                     (1,078)


NET CASH OUTFLOW BEFORE USE OF LIQUID RESOURCES                              (242)                    (23,502)

                                                                             
NET CASH INFLOW FROM USE OF LIQUID RESOURCES                                    -                      21,409

                                                                                



DECREASE IN CASH                                                             (242)                     (2,093)


RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET DEBT
Decrease in cash in the period                                               (242)                     (2,093)
Decrease in short term investments                                              -                     (21,409)
Exchange movement on bank loans                                              (221)                        798

MOVEMENT IN NET DEBT IN THE YEAR                                             (463)                    (22,704)


NET DEBT AT 1 NOVEMBER                                                    (27,057)                     (4,353)


NET DEBT AT 31 OCTOBER                                                    (27,520)                    (27,057)

RECONCILIATION OF NET REVENUE BEFORE FINANCE COSTS AND
TAXATION TO NET CASH INFLOW FROM OPERATING ACTIVITIES
Net revenue before finance costs and taxation                               1,841                       1,427
Investment management and performance fees charged to
capital                                                                    (1,474)                       (469)
Changes to debtors and  creditors                                             967                         (22)
Amortisation of fixed income book cost                                        141                         156
                                                                            1,475                       1,092






                                     EDINBURGH WORLDWIDE INVESTMENT TRUST plc

                                          PORTFOLIO AND EQUITY PERFORMANCE
                                                   at 31 October 2005
                                                      (unaudited)




                                                                 Market   % of total        Performance+
                                                                  value       assets  Absolute   Relative
                                                                  £'000                      %          %
Name                   Business
                                                                                            

                                                                                             
Moody's                 Bond rating agency                        6,422          4.7     42.2        19.6
Lukoil                  Oil exploration and production            5,381          4.0     87.0        57.3
Gazprom                 Gas exploration and production            5,208          3.8     65.6        39.3
Golden West Financial   Savings and loans                         4,926          3.6      4.4       (12.2)
CVRD                    Mining                                    4,627          3.4    116.8        82.4
Atlas Copco             Engineering                               4,557          3.4     49.9        26.1
Samsung Electronics     Electronics manufacturer                  4,245          3.1     41.4        19.0
Canon                   Copiers, cameras and lithography          4,156          3.1     10.6        (7.0)
Petrobras               Oil exploration and production            4,139          3.1     90.5        60.2
Teva Pharmaceuticals    Generic drugs manufacturer                3,876          2.9     52.9        28.6
Progressive Ohio        Non-prime auto insurance                  3,604          2.7     28.3         7.9
Whole Foods Market      Organic food chain                        3,501          2.6     72.0*      45.5*
Porsche                 Luxury automobiles                        3,480          2.6     18.3        (0.5)
Microsoft               PC software                               3,453          2.5      4.4       (12.2)
Ericsson                Telecommunications equipment              2,898          2.1     18.0        (0.7)
SAP                     Business software                         2,896          2.1      4.9       (11.7)
BHP Billiton            Mining                                    2,848          2.1     53.0        28.7
Housing Development
  Finance Corporation   Provider of mortgages                     2,719          2.0     25.4*      12.2*
Dell                    PC manufacturer                           2,701          2.0     (3.9)*     (3.1)*
Walgreen                Pharmacy chain                            2,674          2.0     31.3        10.4
M & T Bank              Retail banking                            2,662          2.0      9.6        (7.8)
Wellpoint               Managed care operator                     2,645          2.0     49.1       27.0
Carnival                Cruise ship operator                      2,587          1.9      3.0       (13.4)
Sandvik                 Engineering                               2,581          1.9     35.3        13.8
Wolseley                Builders merchant                         2,559          1.9     24.9         5.1
BMW                     Automobiles                               2,548          1.9      8.1        (9.1)
Pulte Homes             American house builder                    2,487          1.8     (4.1)*      (9.7)*
Imperial Tobacco        Tobacco                                   2,430          1.8     32.0        11.0
William Wrigley         Chewing gum manufacturer                  2,418          1.8     11.5        (6.2)
eBay                    Internet auction                          2,405          1.8      9.0*        1.7 *
Hermes                  Luxury goods                              2,394          1.8     21.7         2.4
VCA Antech              Animal hospitals and diagnostics          2,333          1.7     49.8*       34.5*
McCarthy & Stone        Retirement home builder                   2,159          1.6     13.8        (4.3)
SCP Pool                Swimming pool supplies                    2,133          1.6     21.3*        7.5*
Amazon.com              Internet retailer                         2,022          1.5     10.0*      (5.3)*
Omnicom                 Advertising agency                        2,018          1.5      9.8        (7.6)
Iron Mountain           Document management services              1,983          1.5     22.1         2.7
Patterson Companies     Dental products and supplies              1,924          1.4     14.2        (3.9)
ABB LTD                 Power generation and automation
                          equipment                               1,895          1.4     37.2        15.4
Zhejiang Expressways    Chinese toll-road operator                1,870          1.4     (5.2)      (20.3)
L'Oreal                 Personal care                             1,627          1.2     13.3        (4.7)
Total Equities                                                  125,991         93.2


                           EDINBURGH WORLDWIDE INVESTMENT TRUST plc


                                         PORTFOLIO AND EQUITY PERFORMANCE (Ctd)
                                                   at 31 October 2005
                                                      (unaudited)





                                                                     Market % of total
                                                                      value     assets
                                                                      £'000
Name

Total Equity Investments (brought forward)                          125,991       93.2
Fixed Interest
Sterling denominated bonds                                            1,429        1.1
US$ denominated bonds                                                 6,554        4.8
Yen denominated bonds                                                 2,933        2.2
Total Fixed Interest                                                 10,916        8.1
Total Investments                                                   136,907      101.3
Net Current Liabilities                                              (1,674)      (1.3)
Total Assets at Market Value (before deduction of loan)             135,233      100.0





+ Absolute and relative performance has been calculated over the period 1
November 2004 to 31 October 2005. Absolute performance is in sterling terms;
relative performance is against MSCI All Countries World Index in sterling
terms.



* Figures relate to part-period returns relating to the holding period of the
relevant stock.



Past performance is no guarantee of future performance.





(Source: Baillie Gifford & Co, StatPro)
EDINBURGH WORLDWIDE INVESTMENT TRUST plc



NOTES


1.   The financial statements for the year to 31 October 2005 have been prepared
     on the basis of the accounting policies, consistent in all material 
     matters, as set out in the Company's financial statements as at 31 October 
     2004.



     None of the views expressed in this document should be construed as advice 
     to buy or sell a particular investment.


2.   The investment management fee includes an investment performance fee of 
     £890,000 (2004 - £35,000).


                                                                 31 October 2005               31 October 2004
                                                                           £'000                         £'000
3.   Return per ordinary share

     Revenue return                                                        1,105                           869
     Capital return                                                       24,091                         3,648


     Return per ordinary share is based on the above returns and on 49,004,319 
     ordinary shares, being the number of ordinary shares in issue during 
     each year.


4.   The total cost of the dividend for the year is £980,000  (2004 - 
     £1,078,000).  If approved the recommended final dividend will be paid on 
     2 February 2006 to all shareholders on the register at the
     close of business on 13 January 2006.  The ex dividend date is 11 January 
     2006.


5.   The loan includes US$31,250,000, Y1,313,200,000 and £3,800,000 drawn down 
     under a multi-currency loan facility with ING Bank N.V. (2004 - 
     US$31,250,000, Y1,313,200,000 and £3,800,000).  The loan is due
     for repayment in July 2008.


6.   At the Annual General Meeting on 30 January 2005 the Company renewed its 
     authority to purchase shares in the market, in respect of 7,345,747 
     ordinary shares (equivalent to 14.99% of its issued share
     capital at that date).  No shares were bought back during the year to 
     31 October 2005 or 2004.  At 31 October 2005 the Company had authority to 
     buy back 7,345,747 ordinary shares.


7.   The financial information set out above does not constitute the Company's 
     statutory accounts for the year ended 31 October 2005.  The financial 
     information for 2004 is derived from the statutory accounts for 2004
     which have been delivered to the Registrar of Companies.  The Auditors have
     reported on the 2004 accounts, their report was unqualified and did not 
     contain a statement under section 237(2) or (3) of the Companies Act 1985.  
     The statutory accounts for 2005 are unaudited, however it is expected that
     the Auditors will issue an unqualified opinion. The statutory accounts for 
     2005 will be finalised on the basis of the financial information presented 
     in this preliminary announcement and will be delivered to the Registrar of 
     Companies following the Company's Annual General Meeting.







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