Issue of Equity

Edinburgh US Tracker Trust PLC 26 November 2001 ISSUE OF ORDINARY SHARES The board of Edinburgh US Tracker Trust plc are pleased to announce the issue of 250,000 ordinary shares at an average price of 678p per share on 26 November 2001. The shares were allotted for cash at a premium to the net asset value under section 95 (disapplication of pre-emption provisions) of the Companies Act 1985. Following the issue, there will be 87,531,164 ordinary shares in issue. The issue is subject to the listing of the shares on the London Stock Exchange and an application has also been made to the UK Listing Authority (the hearing to be held on 29 November 2001). For Edinburgh US Tracker Trust plc Edinburgh Fund Managers plc Secretary
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