Net Asset Value(s)

The net asset value of Edinburgh Leveraged Income Trust plc as at the close of business on 15 May 2002 are as follows: Edinburgh Leveraged Income Trust plc Undiluted nav (p): 11.41 Potential Gearing: 681.0 Actual Gearing: 564.0 For Edinburgh Fund Managers plc David Holland Company Secretary ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/16/20020516BIT01330/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/16/20020516BIT01330/wkr0002.pdf