Ten Largest Investments

EDINBURGH US TRACKER TRUST PLC - 10 LARGEST INVESTMENTS


The company announces that the ten largest investments as at close of business
on 30 April 2005 were as follows:


Company                                 % of Gross Assets
GENERAL ELECTRIC COMPANY                            3.58
EXXON MOBIL CORPORATION                             3.40
MICROSOFT CORPORATION                               2.38
CITIGROUP INC                                       2.28
PFIZER                                              1.90
JOHNSON & JOHNSON                                   1.89
BANK OF AMERICA CORPORATION                         1.69
WAL-MART STORES INC                                 1.48
INTEL CORPORATION                                   1.36
PROCTER & GAMBLE                                    1.26
TOTAL                                              21.22


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