Holding(s) in Company

British Assets Trust PLC
29 December 2006

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


British Assets Trust plc



2. Name of shareholder having a major interest


Barclays plc



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


As 2



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


Not Disclosed



5. Number of shares / amount of stock acquired


n/a



6. Percentage of issued class


n/a



7. Number of shares / amount of stock disposed


n/a



8. Percentage of issued class


n/a



9. Class of security


Ordinary



10. Date of transaction


n/a



11. Date company informed


27/12/06



12. Total holding following this notification


Not Notifiable



13. Total percentage holding of issued class following this notification


Not Notifiable



14. Any additional information


Barclays no longer have a notifiable interest in the issued share capital



15. Name of contact and telephone number for queries


Susan Edgar  0131 465 100



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


Gordon Hay Smith, F&C Asset Management



17. Date of notification


29/12/06



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