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

369,000 Ordinary 25p shares

6. Percentage of issued class

0.68%

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

29 November 2004


11. Date company informed

30 November 2004

12. Total holding following this notification

8,988,640 Ordinary 25p shares

13. Total percentage holding of issued class following this notification

16.60%

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  4,125,340      7.62%
The Carrousel Fund II   4,863,300      8.98%
Ltd
Total                   8,988,640      16.60%


15. Name of contact and telephone number for queries

Robert Hoskin, 020 7463 6322

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

Aberdeen Asset Management PLC - Secretary

Date of notification

30 November 2004




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