Director/PDMR Shareholding

British Assets Trust PLC
11 October 2007

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


British Assets Trust plc


2. Name of director


Dr Christopher Masters



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 or in respect of a non-beneficial
interest


As 2 and Spouse



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


Dr Christopher Masters - 5,914

PuddleDuck Nominees  - 14,042



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


As 2 and Spouse



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Dividend Reinvestment Scheme



7. Number of shares / amount of stock acquired


131



8. Percentage of issued class


0.00004



9. Number of shares/amount of stock disposed


n/a



10. Percentage of issued class


n/a



11. Class of security


Ordinary



12. Price per share


£1.4375



13. Date of transaction


08/10/07



14. Date company informed


08/10/07



15. Total holding following this notification


19,956



16. Total percentage holding of issued class following this notification


0.007



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant


n/a



18. Period during which or date on which exercisable


n/a



19. Total amount paid (if any) for grant of the option


n/a



20. Description of shares or debentures involved: class, number


n/a



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise


n/a



22. Total number of shares or debentures over which options held following this
notification


n/a



23. Any additional information


n/a



24. Name of contact and telephone number for queries


Steven Ross 0207 628 8000



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


Gordon Hay Smith, Company Secretary



Date of Notification


10/10/07



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for loss of business or loss of profits) arising in contract, tort or otherwise
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it, or from any action or decision taken as a result of using this document or
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