Interim Management Statement

The Edinburgh Investment Trust plc                       

                         Interim Management Statement                          

                   for the Three Months ended 31 December 2011                   

Material Events

No material events occurred during the period.

Dividends

During the period, the first interim dividend in respect of the year ending 31
March 2012 of 5 pence per share was paid on 30 November 2011 to shareholders on
the Company's register on 18 November 2011.

Performance - Total Return

                                3 Months       1 Year      3 Years      5 Years
                                                                               
Share Price                         6.7%         9.4%        69.7%        30.6%
                                                                               
Net Asset Value (at par)            9.1%        12.9%        48.0%        12.2%
                                                                               
FTSE All-Share Index                8.4%        -3.5%        43.9%         6.2%

Source: Thomson Reuters


Share Price and Discount

                                         For the Three Months Ended 31 Dec 2011
                                                                               
                      As at 31 Dec 2011      High         Low        Average   
                                                                               
Share price                473.50p         482.00p      441.10p      463.90p   
                                                                               
Discount                     3.1%                                              
                                                                               
(debt at par)                                                                  
                                                                               
Premium                      3.0%                                              
                                                                               
(debt at fair value)                                                           

Source: Thomson Reuters



Assets and Gearing

                                    31 Dec 2011
                                               
Total Gross Assets (£m)                 1,150.8
                                               
of which comprise cash                      0.3
funds and cash (£m)                            
                                               
Borrowings at par (£m)                    197.3
                                               
Cum income net asset                      488.7
                                               
Value - debt at par (pence)                    
                                               
Gross Gearing                               21%
                                               
Net Gearing                                 21%

Gross Gearing reflects the amount of gross borrowings in use by a company and
takes no account of any cash balances. It is based on gross borrowings as a
percentage of shareholders' funds.

Net Gearing reflects the amount of net borrowings invested, i.e. borrowings
less cash and investments in money market funds. It is based on net borrowings
as a percentage of shareholders' funds.

The Company's debt remains unchanged and is provided by long term debentures
totalling £200 million:

£100,000,000 11.5% debenture stock 2014

£100,000,000 7.75% debenture stock 2022



Sector Breakdown of Portfolio

                                    31 Dec 2011
                                               
Healthcare                                27.9%
                                               
Consumer Goods                            26.3%
                                               
Industrials                               11.5%
                                               
Telecommunications                        11.0%
                                               
Utilities                                  7.4%
                                               
Financials                                 5.7%
                                               
Consumer Services                          5.5%
                                               
Oil & Gas                                  4.7%



Top Ten Holdings

     Investments                           %       
                                                   
                                      of Portfolio 
                                                   
1    GlaxoSmithKline                     10.3%     
                                                   
2    AstraZeneca                          9.0%     
                                                   
3    British American Tobacco             7.5%     
                                                   
4    BT                                   5.6%     
                                                   
5    Vodafone                             5.5%     
                                                   
6    Imperial Tobacco                     5.3%     
                                                   
7    Reynolds American - US common        5.1%     
     stock                                         
                                                   
8    Roche - Swiss common stock           4.8%     
                                                   
9    BG                                   4.7%     
                                                   
10   Altria - US common stock             3.6%     

All ordinary shares unless otherwise stated



Changes to Share Capital

                                       Ordinary shares of 25p each   
                                                                     
                                              Issued         Treasury
                                                                     
At 30 September 2011                     195,116,734                0
                                                                     
Shares bought back                                 0                0
                                                                     
Shares issued                                      0                0
                                                                     
At 31 December 2011                      195,116,734                0

The Company has authority to buy back shares within specified limits. The
Company expects to renew this authority each year.



Price and Performance

The Company's ordinary shares are listed on the London Stock Exchange and the
price is published in the Financial Times and the Times under `Investment
Companies' and in the Daily Telegraph under `Investment Trusts'.

The Company's net asset value is calculated on a daily basis and can be viewed
on the London Stock Exchange website at www.londonstockexchange.com.

Further information can be obtained from Invesco Perpetual as follows:

Free Investor Helpline: 0800 085 8677

Internet address: www.invescoperpetual.co.uk/investmenttrusts

The information provided in this statement should not be considered as a
financial promotion.

Interim management statements are expected to be published in January and July
each year.



For and on behalf of

Invesco Asset Management Limited

25 January 2012





Registered Office:                                       Administrative Office:
                                                                               
Quartermile One                                              30 Finsbury Square
                                                                               
15 Lauriston Place                                              London EC2A 1AG
                                                                               
Edinburgh EH3 9EP                                      Telephone: [phone]
                                                                               
Registered in Scotland No 1836                         Facsimile: 020 7065 3166
                                                                               
An Investment Company under Section 833 of the                                 
Companies Act 2006