Listing Rule 15

British Assets Trust PLC
04 January 2006


To:       RNS
From:     British Assets Trust plc
Date:     04-Jan-06
          

Listing Rule 15

In accordance with paragraph 15.4.11(2) of the Listing Rules British Assets
Trust plc announces its top ten holdings, including all holdings with a value
greater than 5% of its gross assets, as at 30-Dec-05:


British Assets Trust
Top 10 Holdings

Company                                            % Total Assets

BP                                                 6.0
HSBC                                               4.5
Vodafone                                           3.9
Glaxosmithkline                                    3.8
Royal Dutch Shell B                                3.8
RBS Grp                                            2.8
Astrazeneca                                        1.8
HBOS                                               1.8
Barclays                                           1.4
Standard Life Euro                                 1.4
Holdings greater than 5% of total fund value
BP                                                 6.0



For further information please contact:

Gordon Hay Smith
F&C Asset Management plc
0131 465 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange