Holding(s) in Company

SCHEDULE 10

                    NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company
     Edinburgh US Tracker Trust plc

2)   Name of shareholder having a major interest
     Close Wealth Management Limited

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
     In respect 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
     n/a

5)   Number of shares/amount of stock acquired
     15,576 ord shares

6)   Percentage of issued class
     0.02%

7)   Number of shares/amount of stock disposed
     n/a

8)   Percentage of issued class
     n/a

9)   Class of security
     Ord

10)  Date of transaction
     16 July 2004

11)  Date company informed
     19 July 2004

12)  Total holding following this notification
     2,620,644

13)  Total percentage holding of issued class following this notification
     3.10%

14)  Any additional information
     No

15)  Name of contact and telephone number for queries
     Valerie Mackenzie 0131 313 6321

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

     Valerie Mackenzie
     Date of notification 19/07/04