Transaction in Own Shares

EDINBURGH US TRACKER TRUST PLC


On  23  August 2004, Edinburgh US Tracker Trust plc bought back 185,000 ordinary
shares for cancellation at an average price of 461.0p per share.  Following  the
buy  back,  there are 86,856,164 ordinary shares in issue.  The  share  buy-back
will be financed out of the capital reserve.