Repayment of debt

EDINBURGH LEVERAGED INCOME TRUST PLC (ELIT) 3 December 2002 Repayment of debt The Company has today given notice to Bank of Scotland (the "Bank") that it has repaid a further £235,000 of the £9,700,000 outstanding with the Bank under the terms of the term loan facility letter. The repayment was funded from the Company's existing cash resources. The outstanding loan balance after repayment is now £9,465,000. As a result of the repayment the Company will incur amendment costs in respect of the associated interest rate swap agreement with the Bank of £9,141. For Edinburgh Leveraged Income Trust plc Edinburgh Fund Managers plc, SECRETARY Enquiries: Edinburgh Fund Managers plc Alex Gowans Tel: 0131 313 6316 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/12/03/20021203BIT00890/wkr0001.doc http://www.waymaker.net/bitonline/2002/12/03/20021203BIT00890/wkr0002.pdf