Transaction in Own Shares

EDINBURGH US TRACKER TRUST PLC


On  26  May  2004,  Edinburgh US Tracker Trust plc bought back 100,000  ordinary
shares for cancellation at an average price of 471.5p per share.  Following  the
buy  back,  there are 87,721,164 ordinary shares in issue.  The  share  buy-back
will be financed out of the capital reserve.