Month End Portfolio Update

British Assets Trust PLC
13 July 2006

British Asset Trust plc

ALL DATA AS AT 30th June 2006

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, http://
www.fandc.com/ FROM APPROXIMATELY 18th July 2006


Top ten equity holdings

BP Plc  6.1%
HSBC Holdings  4.7%
Glaxo SmithKline  4.0%
Royal Dutch Shell  3.9%
Vodafone Group  3.4%
Royal Bank of Scotland  2.8%
AstraZeneca  2.0%
Anglo American  1.7%
HBOS  1.6%
Tesco  1.6%

Total  31.8%



Country

UK  68.4%
Europe (ex UK)  5.1%
North America  10.0%
Japan  5.3%
Far East (ex Japan) 3.2%
Corporate Bonds  5.5%
Cash  2.5%

Total    100.0%



Actual gearing:  123.2
Potential gearing:  126.4




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