Net Asset Value(s)

The net asset value of Edinburgh US Tracker Trust plc as at the close of business on 21 November 2002 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 488.74 Potential Gearing: - Actual Gearing: - ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/22/20021122BIT00530/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/22/20021122BIT00530/wkr0002.pdf