[Verse 1]
It is old but it is beautiful, and its colours they are fine
It was worn at Derry, Aughrim, Enniskillen and the Boyne
My father wore it as a youth in bygone days of yore
And on the Twelfth, I love to wear the sash my father wore

[Spoken Intro]
And when the Scottish Nationalist stole this from Ireland, it became a song about Queen Elizabeth. You see they never had a first Elizabeth in Scotland. So their point was how can you have a second Elizabeth if the first one's never been

[Chorus]
Nae Liz the Twa, nae Lilibet the One
Nae Liz will ever be
We'll make our land Republican
In the Scottish breakaway

[Verse 2]
Oh now Scotland has nae got a King
And she has nae got a Queen
How can ye have the Second Liz
When the First one's never been

[Chorus]
Nae Liz the Twa, nae Lilibet the One
Nae Liz will ever be
We'll make our land Republican
In the Scottish breakaway
[Verse 3]
Her man he's called the Duke o' Edinburgh
He's one of the kilted Greeks
But I hope the wind blows his platey awaft
For it's Lizzie wears the breeks

[Chorus]
Nae Liz the Twa, nae Lilibet the One
Nae Liz will ever be
We'll make our land Republican
In the Scottish breakaway

[Verse 4]
And her sister Meg's got a bonny pair o' legs
But she did nae want a German or a Greek
Peter Townsend was her choice but he did nae suit the boys
So they sent him up the creek
But Meg was fly and she got them by an' by
Wi' Tony hyphenated Armstrong
But behind the pomp and play, the question o' the day
Wis, Who is Suzie Wong

[Chorus]
Nae Liz the Twa, nae Lilibet the One
Nae Liz will ever be
We'll make our land Republican
In the Scottish breakaway
[Verse 5]
Sae here's a health te the lion, the bonnie rampant lion
An' a lang stretch he his paw
If the Hampdon roar an' it's oot the door
Ta-ta tae Charlie's maw

[Chorus]
Nae Liz the Twa, nae Lilibet the One
Nae Liz will ever be
We'll make our land Republican
In the Scottish breakaway