EDU Edin.UK Small

    SCHEDULE 10
                                        
                    NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

   Edinburgh UK Smaller Companies Tracker Trust plc

2. Name of shareholder having a major interest

   Carrousel Capital Ltd

3. Please state whether notification indicates that it is in respect of holding
   of the shareholder named in 2 above or in respect of a non-beneficial interest
   or in the case of an individual holder if it is a holding of that person's
   spouse or children under the age of 18



4. Name of the registered holder(s) and, if more than one holder, the number of
   shares held by each of them



5. Number of shares / amount of stock acquired

   975,000 Ordinary 25p shares

6. Percentage of issued class

   1.80%

7. Number of shares / amount of stock disposed

   N/A

8. Percentage of issued class

   N/A

9. Class of security

   Ordinary 25p shares

10.Date of transaction

   18 May 2005


11. Date company informed

    18 May 2005

12. Total holding following this notification

    10,638,640 Ordinary 25p shares

13. Total percentage holding of issued class following this notification

    19.66%

14. Any additional information

Following the above transaction, the shares are held
as follows:

Fund Name               No. of Shares  Percentage of
                                       Share Cap.
The Carrousel Fund Ltd      5,385,340      9.95%
The Carrousel Fund II Ltd   5,253,300      9.71%
Total                      10,638,640     19.66%


15. Name of contact and telephone number for queries

    Charles Mearns 0131 313 6442

16. Name and signature of authorised company official responsible for making
    this notification

Aberdeen Asset Management PLC - Secretary

Date of notification

19 May 2005

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