Transaction in Own Shares

Edinburgh US Tracker Trust plc
03 May 2006


EDINBURGH US TRACKER TRUST PLC
SHARE BUYBACKS                                                        3 May 2006


The Company has very successfully met its objective of tracking closely the
performance of the S&P 500 Composite Index in Net Asset Value terms.  Whilst the
last year saw an outperformance of the share price versus the Net Asset Value
per share ('NAV') this has not always been the case.  The Company announces,
therefore, that it intends to continue to buy-back its shares, in normal market
conditions and at the Board's total discretion, with the aim of establishing a
long term level of the discount to the NAV of no greater than 3%.

Prior to this, the Board has been willing to repurchase shares, typically when
the discount to NAV exceeded 5-6%.   During the year to 31 January 2006, the
Company acquired 1,242,000 shares for cancellation and in the previous year to
31 January 2005, the Company acquired 5,450,000 shares, also for cancellation.
In the current financial year, the Company has acquired a further 1,731,500
shares.

In the event that the Company buys back the maximum permitted amount of 14.99%
of its issued ordinary share capital, the Board will seek shareholder approval
to renew this authority. The Board will closely monitor the effect of this
discount management policy and will review it on a regular basis.

The Board believes that shareholders' interests are best served by containing
the volatility of the discount at which the Company's shares trade and believes
that this discount management policy will provide both existing shareholders,
and potential new investors, with greater confidence that there will be less
variation in movement between the Company's share price and its benchmark index.


Queries

William Hemmings                      0207 463 6000
David McCraw                          0131 313 1000

Aberdeen Asset Managers PLC


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