TRIBUNE UK TRACKER PUBLIC LIMITED COMPANY

The Company is a closed-end investment trust. The Company is fully invested in UK equities in line with the FTSE All-Share Index, and does not hold bonds, overseas assets or significant amounts of cash within its portfolio.

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The Company offers investors exposure to the FTSE All-Share Index through a closed-ended investment trust. This follows the reconstruction of the Tribune Global Managed and Tribune UK Index Funds, sub-funds of the former Tribune Trust plc. The new Company shares the same mandate and manager-Barclays Global Investors-as the former Tribune UK Index Fund, ensuring a continuity of investment approach and a demonstrable track-record.

The objective of the Company is to provide investors with long-term growth of capital and income through investment in the UK stock market in line with the FTSE All-Share Index.

HISTORY:

The Company was incorporated on 29 November 2005. Its shares are listed on the London Stock Exchange on 15 March 2006.

When Tribune Trust PLC was reconstructed in March 2006, the assets of its Index portfolio were transferred to the Company.

The Company’s portfolio held 686 stocks at 31 December 2006.

Merger:

On 5 June 2007, the Board announced that it was in discussions with the board of directors of Edinburgh UK Tracker Trust plc (‘Edinburgh’) with a view to recommending to Tribune Shareholders a merger with Edinburgh to be effected by way of a scheme of arrangement under section 425 of the Companies Act, and an opportunity for Tribune Shareholders to tender up to 30 per cent. of Tribune’s issued share capital (being 8,663,608 Tribune Shares). Should the Merger be approved, Edinburgh will act as the ongoing company following completion of the Merger, with the Enlarged Company being managed by Aberdeen.

The boards of Tribune and Edinburgh announced on 1 August 2007 that they have agreed the terms of the Proposals and are posting documentation to Shareholders.

The Merger involves the cancellation of Tribune’s issued ordinary share capital, the issue of New Tribune Shares to Edinburgh (or to Edinburgh Tribune Acquisitions Limited, a wholly owned subsidiary of Edinburgh, if Edinburgh so directs) and Tribune Shareholders receiving New Edinburgh Shares. On the Effective Date, Tribune will therefore become a wholly-owned subsidiary of Edinburgh. It is proposed that Edinburgh will be the continuing company and Tribune will subsequently be wound up. The assets of Tribune will be transferred to Edinburgh in connection with the Merger and any outstanding liabilities of Tribune will be guaranteed by Edinburgh. As part of the Merger, Edinburgh’s interest of 430,000 shares in the Company will be cancelled, which should result in an asset uplift available to offset part of the costs of the Proposals.

The Directors announced that at the Court Meeting and Extraordinary General Meeting of the Company held on 29 August 2007 the resolutions
proposed to effect the merger of the Company with Edinburgh UK Tracker Trust plc by way of a scheme of arrangement were passed.

On 17 September 2007, the Directors announced that the Court has sanctioned the scheme of arrangement for the Merger of the Company and Edinburgh UK Tracker Trust plc.

On 18 September 2007, the Directors announced that the Court has today confirmed the reduction of share capital of the Company.

The listing of Tribune Shares was cancelled with effect on 19 September 2007.
Tribune UK Tracker plc, with registered office address in London, United Kingdom, is a publicly quoted company engaged in the management activities of holding companies. The company was incorporated in November 2005. Its shares are listed on the London Stock Exchange in March 2006.
The company is a closed-end investment trust. It is fully invested in UK equities in line with the FTSE all-share index, and does not hold bonds, overseas assets or significant amounts of cash within its portfolio.
Tribune UK Tracker offers investors exposure to the FTSE all-share index through a closed-ended investment trust. This follows the reconstruction of the tribune global managed and tribune UK index funds, and sub-funds of the former Tribune Trust plc. The objective of the company is to provide investors with long-term growth of capital and income through investment in the UK stock market in line with FTSE all-share index.

Group or Branch:

Address:
50, BANK STREET E14 5NT, LONDON, UNITED KINGDOM
Phone/Fax:
+44 207 982 2000

www.tribunetrust.com

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