Dividend

British Assets Trust PLC
26 January 2001

FIRST QUARTERLY DIVIDEND
SECURITY TITLE
*Ord 25p
MNEMONIC CODE           *BSET
SEDOL CODE              *129-756
DIVIDEND AMOUNT         *1.304p
PROVISIONAL EX DATE     *28-02-01
RECORD DATE             *02-03-01
PAYMENT DATE            *06-04-01
NOTES *